Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,846.

A source of short-term finance to companies is?

A.

share capital

B.

debentures

C.

retained earnings

D.

corperate tax

Correct answer is C

No explanation has been provided for this answer.

2,847.

Banks are engaged in the business of buying and selling of?

A.

bills of exchange

B.

instruments of credit

C.

intangible products

D.

land

Correct answer is A

No explanation has been provided for this answer.

2,848.

The most widely used computer language that focuses on solving science-oriented problems is?

A.

FORTRAN

B.

BASIC

C.

ADA

D.

COBOL

Correct answer is A

No explanation has been provided for this answer.

2,849.

The protection of consumers against exploitation by manufacturers is to ensure?

A.

thaty there are varieties of product

B.

that the right quality of goods and services is sold

C.

increase in production capacity

D.

increase in the level of consumers awareness

Correct answer is B

No explanation has been provided for this answer.

2,850.

The market structure, business conditions and financial system in Nigeria constitute the?

A.

economic enironment

B.

political environment

C.

cultural environment

D.

technological environment

Correct answer is A

No explanation has been provided for this answer.