WAEC Commerce Past Questions & Answers - Page 249

1,241.

Goods discharged from ship on which import duties have not been paid are kept in the?

A.

ordinary warehouse

B.

private warehouse

C.

public warehouse

D.

wholesaler warehouse

E.

bonded warehouse

Correct answer is E

No explanation has been provided for this answer.

1,242.

Which of the following is not a function of warehousing?

A.

Provision of storage facilities

B.

Availability of goods where needed

C.

Availability of goods when needed

D.

Reduction of price fluctuation

E.

Production in anticipation of demand

Correct answer is B

No explanation has been provided for this answer.

1,243.

The telephone service through which one can dial any number,local,trunk or overseas is known as?

A.

internal communication system

B.

standard dialling system

C.

subscriber's trunk dialling system

D.

international telecommunication

E.

coded dialling order

Correct answer is C

No explanation has been provided for this answer.

1,244.

Which of the following defines communication?

A.

Movement of goods

B.

Transmission of information

C.

Movement of people

D.

Storing of information

E.

Distribution of newspapers

Correct answer is B

No explanation has been provided for this answer.

1,245.

The charge paid for failing to off-load a vehicle within a stipulated time is called?

A.

freight

B.

demurrage

C.

fine

D.

fare

E.

floating charge

Correct answer is B

No explanation has been provided for this answer.