Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
N65,000.00
N500,000.00
N650,000.00
N1,000,000.00
N65,000,000.00
Correct answer is C
No explanation has been provided for this answer.
which of the following is a feature of co-operative society?
dividend is based on the number of shares sold
limited membership
owned and run by the state
democratic controll and management
voting rights are not equal
Correct answer is D
No explanation has been provided for this answer.
which of the following is not a means of raising capital by a promoter?
goodwill
borrowing
selling of shares
selling real assets
past savings
Correct answer is A
No explanation has been provided for this answer.
which of the following currencies does/do not belong to any country within the ECOWAS?
naira and kobo
dalasi
cedis and pesewas
leo
kwasha and shilling
Correct answer is E
No explanation has been provided for this answer.
total sales less total returns inwards is called?
purchases
net profit
gross profit
average stock
net sales
Correct answer is E
No explanation has been provided for this answer.