WAEC Commerce Past Questions & Answers - Page 181

901.

The sales of goods through a medium that accepts money and delivers the items to the customer is

A.

an automated teller machine

B.

a vending machiine

C.

a counting machine

D.

a branding machine

Correct answer is B

vending machiine; a machine that dispenses small articles such as food, drinks, or cigarettes when a coin or token is inserted.

902.

The allocation of tasks to different skills in a production process is referred to as

A.

production technique

B.

production function

C.

division of labour

D.

delegation of responsibility

Correct answer is C

Division of labour; the assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

903.

One of the inputs in production that can be motivated by remuneration is

A.

capital

B.

enterpreneur

C.

labour

D.

land

Correct answer is C

Labour is motivated by paying wages and salaries

904.

An example of an activity in the construction industry is

A.

blacksmithing

B.

bricklaying

C.

car assembling

D.

shoemaking

Correct answer is C

No explanation has been provided for this answer.

905.

One of the major benefits of commerce to government is to

A.

improve the standard of living

B.

generate revenue for growth and development

C.

encourage cooperation among public organisations

D.

encourage the development of socio-cultural values

Correct answer is B

No explanation has been provided for this answer.