Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Public debt management is one of the functions of a?
merchant bank
central bank
commercial bank
development bank
Correct answer is B
No explanation has been provided for this answer.
a denbenture
a bond
a term loan
an overdraft
Correct answer is A
No explanation has been provided for this answer.
Money can simply be referred to as a?
medium of exchange
means for the settlement of debts
durable assets for doing business
standard of value
Correct answer is A
No explanation has been provided for this answer.
Securties and Exchange Commission
Nigerian Stock Exchange
Nigerian Deposit Insurance Company
Central Bank of Nigeria
Correct answer is A
No explanation has been provided for this answer.
An essential factor for evaluating the different sources of funds for a business is the?
decree establishing the business
ownership structure of the business concern
size and the type of the business
burden of cost and repayment
Correct answer is B
No explanation has been provided for this answer.