Nyansapɔ wisdom knot — symbol of wisdom, ingenuity, and patience

Commerce2005

WASSCE · 78 questions · Answers included

78 questions

1

The form of trade practised by the early men was characterized by?

2

Which of the following is an advantage of indigenization?

3

Farming is an activity that falls under?

4

Which of the following coordinates other factors of production to achieve set objectives?

5

Production is defined as?

6

An advantage of a public limited company over a private one is the?

7

The distribution of profits based upon the level of patronage in the business is a common feature of?

8

The fee which the bank charges for services rendered to their current account customers is?

9

The fee which the bank charges for services rendered to their current account customers is?

10

Which of the following would not affect the form of a business unit?

11

Partnership form of business is most appropriate?

12

The nominal value of a share is the same as its?

13

The nominal value of a share is the same as its?

14

Which of the following is an intangible assets of a firm?

15

The net profit of a business is determined by?

16

An organization formed mainly by traders on the same line of business is known as?

17

A bank's undertaking to pay an exporter on behalf of an importer is a?

18

Who among the following cannot be regarded as an itinerant trader?

19

Who among the following cannot be regarded as an itinerant trader?

20

Which of the following will not be considered in choosing a channel of distribution?

21

A manufacturer of goods that are seasonally will be in dire need of a?

22

A manufacturer of goods that are seasonally will be in dire need of a?

23

Which of the following is a feature peculiar to multiple shops?

24

Which of the following is a feature peculiar to multiple shops?

25

Terms of trade is the?

26

Which of the following encourages trade between regions?

27

Which of the following is not suitable for fire purchase?

28

The form of trade practiced by the early men was characterized by

29

Which of the following is an advantage of indigenization ?

30

Farming is an activity that falls under?

31

Which of the following coordinates other factors of production to achieve set objectives?

32

Production is defined as

33

An advantage of a public limited company over a private one is the

34

The distribution of profits based upon the level of patronage in the business is a common feature of

35

The fee which the bank charges for services rendered to their current account customers is

36

Which of the following would not affect the form of a business unit

37

Partnership form of business is most appropriate

38

Partnership form of business is most appropriate

39

The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each. The Board of Directors decided to issue 50% of it for subscription by the public. The authorized share capital is

40

The nominal capital of a public limited company is made up of 400,000 ordinary shares of 50k each. The Board of Directors decided to issue 50% of it for subscription by the public. The reserved capital is

41

The nominal value of a share is same as its

42

Which of the following is an intangible asset of a firm

43

The net profit of a business is determined by

44

An organization formed mainly by traders on the same line of business is known as

45

A bank's undertaking to pay an exporter on behalf of an importer is a

46

Who among the following cannot be regarded as an itinerant trader

47

Which of the following will not be considered in choosing a channel of distribution?

48

A manufacturer of goods that are seasonally demanded will be in dire need of a

49

Which of the following is a feature peculiar multiple shops?

50

Terms of trade is the

51

Which of the following encourages trade between regions?

52

Which of the following is not suitable for hire purchase?

53

A seller quoting his goods loco price means that

54

Which of the following is the correct sequence in which the following documents are used?

55

A set of measures pursued by an organization in order to maintain goodwill in its environment is referred to as

56

Which of the following organizations aims at providing relief for countries facing adverse balance of payment?

57

C.O.D transactions are associated with

58

Postage marks can be printed on letters and parcels using

59

If the amount of dividend paid varies according to the level of profit; what type of share is involved?

60

A retail outlet is described as a multiple shop when it

61

Time policy in insurance is associated with

62

When a quotation is marked C.W.O , it means

63

Which of the following is a function of a stock broker

64

The people involved in the formation of new companies are called?

65

Commercial activities among West African countries are greatly hindered by

66

Which of the following makes it an offense for a trader to make untrue statement about his goods?

67

Which of the following is a means by which a contract of agency could be terminated?

68

Which of the following would be necessary before the introduction of a new product?

69

People who are against advertising claim that it

70

A distinctive feature of a personal selling is the

71

The practice whereby a firm prepays the postage for the response of its customers is known as

72

Which of the following is not provided by the post office?

73

Which of the following is not a principle of insurance

74

Which of the following terms is used in marine insurance when the cargo suffers partial loss?

75

Which of the following is not a function of money?

76

Which of the following is true of rail transport?

77

The process of dividing market into identifiable sub-markets is known as

78

Legal tender consists of