JAMB Commerce Past Questions & Answers - Page 43

211.

What is the capital employed?

A.

N 200 000

B.

N 340 000

C.

N 170 000

D.

N 300 000

Correct answer is B

Capital employed = total assets - current liabilities

Total assets = fixed assets + investments + current assets + fictitious assets = 370,000

Current liabilities = 30,000

Capital employed = 370,000 - 30,000 = 340,000

212.

In the communication process. Y represents

A.

the encoder

B.

the medium

C.

the initator

D.

noise

Correct answer is C

No explanation has been provided for this answer.

213.

X represents

A.

action

B.

transmission

C.

ideation

D.

receiver

Correct answer is D

The communication process is the steps we take in order to successfully communicate. Components of the communication process include a sender, encoding of a message, selecting of a channel of communication, receipt of the message by the receiver and decoding of the message.

From the above diagram, Y represents the message while X is the receiver.

214.

Use the diagram above to answer questions

What does V represent?

A.

Ais to trade

B.

Advertising

C.

Manufacturing

D.

industry

Correct answer is A

No explanation has been provided for this answer.

215.

Use the diagram above to answer the question

As the branches indicate, IV is

A.

commerce

B.

exchange

C.

finance

D.

construction

Correct answer is D

No explanation has been provided for this answer.