Commerce Exam Past Questions and Answers | JAMB, WAEC and NECO

Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.

• Question 791: The internet is a system of telecommunication used for Options:
  A) Sending electronic message
  B) Communicating messages through telegrams
  C) Communicating long-distance
  D) Sending and renewing text message
  Show Answer
  The correct answer is A .
• Question 792: The members of the Niger Basin Commission include? Options:
  A) Guinea, Ghana and Niger Republic
  B) Burkina Faso, Guinea and Nigeria
  C) The Gambia, Benin Republic and Chad
  D) Nigeria, Benin Republic and Chad Republic
  E) Nigeria, the Gambia and Cameroun
  Show Answer
  The correct answer is B .
• Question 793: Government policies relating to the establishment and operation of business are targeted at Options:
  A) increasing the profit of business owners
  B) the general improvement of the economy
  C) even spread of facilities and employment
  D) diversification and expansion of business
  Show Answer
  The correct answer is B .
• Question 794: An employer insures against his employees' dishonesty by taking up? Options:
  A) fidelity guarantee insurance
  B) accident insurance
  C) group life assurance
  D) endowment policy
  Show Answer
  The correct answer is A .
• Question 795:

  The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is

  Options:
  A) unity of command
  B) scalar chain
  C) unity of direction
  D) span of control
  Show Answer
  The correct answer is D .
• Question 796:

  Which of the following groups would advocate for the supply of constant electricity to households?

  Options:
  A) Consumer's association
  B) Credit union
  C) Employer's association
  D) Labour union
  Show Answer
  The correct answer is A .
• Question 797: A demonstration of social responsibility by a business is the payment of Options:
  A) taxes to government
  B) dividends to shareholders
  C) interests on loans
  D) premium on insurance
  Show Answer
  The correct answer is A .
• Question 798: A share premium is an example of? Options:
  A) issued capital
  B) capital stock
  C) equity capital
  D) capital reserve
  Show Answer
  The correct answer is D .
• Question 799: The main purpose of branding is to Options:
  A) create identity for a product
  B) make a product look attractive
  C) create product awareness
  D) increase sales volume
  Show Answer
  The correct answer is A .
• Question 800: Which part of the computer system does the keyboard device belong to? Options:
  A) Output unit
  B) Logic unit
  C) Input unit
  D) Control unit
  Show Answer
  The correct answer is C .