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.
Drawing two parallel lines across a cheque means that it has to be paid into the account of the
payee
drawer
drawee
payer
Correct answer is A
No explanation has been provided for this answer.
One of the effects of the devaluation of the Naira is that the
goods that can be imported with the naira have become cheaper
value of other currencies relative to the naira have become cheaper
goods that can be exported from Nigeria have become costlier
imports that can be bought with the naira have become costlier
Correct answer is D
No explanation has been provided for this answer.
N40,000
N80,000
N100,000
N200,000
Correct answer is C
No explanation has been provided for this answer.
Goods discharged from ships on which import duties have not been paid are kept in the
ordinary warehouse
public warehouse
private warehouse
bonded warehouse
Correct answer is D
No explanation has been provided for this answer.
The postal organization which preceded the Nigerian Postal Service is
Post and Telecommunication
Post and Telephone
Post and Teleprinter
Post and Telegraph
Correct answer is D
No explanation has been provided for this answer.