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Pergunta 1 Relatório
From the date of issue, cheques are valid for-----------months.
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Pergunta 2 Relatório
The most suitable mode of transporting very bulky goods from Lagos to Kaduna is the
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Pergunta 4 Relatório
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
Kolawole’s average stock is?
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Pergunta 5 Relatório
The payment made by government to producers to enable them reduce price is known as
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Pergunta 8 Relatório
The department responsible for recruitment and promotion of staff is
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Pergunta 10 Relatório
When the supplier changes a retailer for not returning empty packages, the supplier sends him a/an
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Pergunta 13 Relatório
A document that is sent by the seller to the buyer to indicate an increase in the annual owes is
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Pergunta 15 Relatório
Which of the following is an objective of regional economic grouping?
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Pergunta 16 Relatório
Which of the following relies on subvention as the main source of capital?
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Pergunta 17 Relatório
The losses incurred in the running of Public Corporations are borne by the
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Pergunta 18 Relatório
Shares that are fully paid can be converted into bulks known as
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Pergunta 19 Relatório
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
Cost of goods sold is
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Pergunta 20 Relatório
The principle of insurance that prevents the insured from benefiting in an event where he suffers no material or financial loss is
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Pergunta 21 Relatório
A Speculator in the stock exchange who buys shares hope that prices will rise is called
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Pergunta 22 Relatório
When a cheque has R/D written on it, it means that the cheque
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Pergunta 25 Relatório
Which of the following is NOT true of a cheque as a means of payment? It
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Pergunta 26 Relatório
“Be a millionaire” a slogan adopted by one of them G.S.M providers is an example of
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Pergunta 27 Relatório
The actual amount of share capital a company is allowed to issue to the public is the ---- capital
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Pergunta 28 Relatório
An arrangement in insurance which provides for the payment of a stipulated sum either at death or the expiration of a stated period is known as ……….
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Pergunta 30 Relatório
Shares, stocks, government bonds trade in the stock exchange marks: are known as
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Pergunta 31 Relatório
Use the following information to answer question
Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
The rate of stock turnover is?
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Pergunta 32 Relatório
Which of the following is NOT true of a cheque as a means of payment? It
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Pergunta 33 Relatório
The process of passing information from one person to another in an organization is known as
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Pergunta 34 Relatório
The building of schools and hospitals for communities by some oil companies in Niger Delta of Nigeria is an example of
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Pergunta 35 Relatório
Income distribution, nature of natural resources, investment etc. forms part of -----business environment.
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Pergunta 37 Relatório
A disadvantage of commercialization of public enterprises in Nigeria is that it
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Pergunta 38 Relatório
Public debt management is one of the functions of a ----- bank
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Pergunta 39 Relatório
The authority that transfers to a third party the shard right to vote is called
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Pergunta 42 Relatório
The most suitable mode of transport for conveying gas and liquid within Nigeria is
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Pergunta 43 Relatório
A marketing term the for the presentation of goods in a neatly wrapped container is
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Pergunta 44 Relatório
In which order are the following documents used?
I. Enquiry
II. Delivery note
III. Order
IV. Invoice
V. Quotation
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Pergunta 45 Relatório
The practice of selling some goods below market price to attract more customers is known as
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Pergunta 46 Relatório
Adeleke places his vehicle for sale at N150,000,00 Ibrahim had agreed to pay the amount. In this Trans: Adeleke is the
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Pergunta 47 Relatório
A financial document stating the reasons for making a payment and details of the payment is
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Pergunta 48 Relatório
The amount receivable by shareholders after the declaration of profit is called
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