WAEC Commerce Past Questions & Answers - Page 278

1,386.

The system of parting with authority not responsibility is known as?

A.

controlling

B.

planning

C.

delegating

D.

movtivating

E.

co-ordinating

Correct answer is C

No explanation has been provided for this answer.

1,387.

The most important factor influencing the form of a business unit is?

A.

expansion possibities

B.

business intergrity

C.

the amount of capital value

D.

adequate number of skilled employees

E.

the number of competing firms in the industry

Correct answer is C

No explanation has been provided for this answer.

1,388.

Who among the following is NOT a middleman?

A.

a retailer

B.

broker

C.

factor

D.

consumer

E.

wholesaler

Correct answer is D

No explanation has been provided for this answer.

1,389.

Terms of payments are quoted on the?

A.

order form

B.

a device note

C.

credit note

D.

debit note

E.

invoice

Correct answer is E

No explanation has been provided for this answer.

1,390.

Which of the following was the chief means of transport during the Tran-Saharan Trade?

A.

Motor lorries

B.

Horses

C.

Camels

D.

Aeroplanes

E.

Barges

Correct answer is C

No explanation has been provided for this answer.