WAEC Commerce Past Questions & Answers - Page 262

1,306.

The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?

A.

coordinating

B.

organizing

C.

planning

D.

controlling

E.

motivating

Correct answer is D

No explanation has been provided for this answer.

1,307.

Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The

A.

Nigeria Bar Association

B.

Nigeria employers' Consultative Association

C.

Nigera Medical Association

D.

Manufacturers Association of Nigeria

E.

Nigeria Union of Road Transport Workers

Correct answer is D

No explanation has been provided for this answer.

1,308.

Which of the following is responsible for advertising vacant positions existing in companies?

A.

Sales Department

B.

Public Relation Department

C.

Personal Department

D.

Marketing Department

E.

Financial Department

Correct answer is C

No explanation has been provided for this answer.

1,309.

The policy which safeguards the employer from loss sustained as a result of fraudulent acts of his workers is the?

A.

employer liability insurance

B.

loss policy

C.

utmost good faith policy

D.

group insurance

E.

fidelity guarantee policy

Correct answer is E

No explanation has been provided for this answer.

1,310.

Which of the following functions is not performed by as small retailer?

A.

Selling in units to consumers

B.

Financing producers

C.

Buying from wholesaler

D.

Selling goods on credits

E.

Stocking a variety of goods

Correct answer is B

No explanation has been provided for this answer.