NECO Commerce Past Questions & Answers - Page 19

91.

The department responsible for recruitment and promotion of staff is

A.

finance

B.

legal

C.

personnel

D.

production

E.

purchases

Correct answer is C

No explanation has been provided for this answer.

92.

The final stage in the production process is

A.

consumption

B.

manufacturing

C.

retailing

D.

warehousing

E.

wholesaling

Correct answer is A

No explanation has been provided for this answer.

93.

Who among the following engages in extractive activities?

A.

Flour miller

B.

Fisherman

C.

Porter

D.

Singer

E.

Surgeon

Correct answer is B

No explanation has been provided for this answer.

94.

A public limited company is regarded as a legal entity because

A.

it can sue and be sued

B.

it cannot be liquidated

C.

it has a memorandum of association

D.

the death of the largest shareholder cannot bring it to an end

E.

the government grants it licence

Correct answer is A

No explanation has been provided for this answer.

95.

A ship which has no fixed schedule and travels wherever it can find cargoes to carry is a

A.

boat

B.

ferry

C.

liner

D.

tanker

E.

tramp

Correct answer is E

No explanation has been provided for this answer.