WAEC Past Questions and Answers - Page 151

751.

Which of the following would best be conveyed by rail transport

A.

Bread

B.

Shoes

C.

Potatoes

D.

Tomatoes

E.

Oranges

Correct answer is B

No explanation has been provided for this answer.

752.

Small ships which are used to carry goods and passengers across rivers or canals called

A.

tramps

B.

coasters

C.

tankers

D.

liners

E.

ferries

Correct answer is E

No explanation has been provided for this answer.

753.

Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed

A.

Circulation capital

B.

working capital

C.

fictitious capital

D.

fixed capital

E.

capital owned

Correct answer is D

No explanation has been provided for this answer.

754.

Cash-in-hand and at bank as well as debtors are examples of

A.

current assets

B.

fixed assets

C.

capital owned

D.

capital employed

E.

working capital

Correct answer is A

No explanation has been provided for this answer.

755.

New shares are offered for sale to the public through

A.

acceptable houses

B.

the stock exchange

C.

issuing houses

D.

discount houses

E.

mortgage banks

Correct answer is C

No explanation has been provided for this answer.