WAEC Commerce Past Questions & Answers - Page 65

321.

A cheque dated 30th July, 2004 but presented for payment on 28th February, 2005 is

A.

post-dated

B.

crossed

C.

opened

D.

stale

Correct answer is D

No explanation has been provided for this answer.

322.

Working capital is

A.

current assets less total liabilities

B.

total assets less total liabilities

C.

current liabilities plus current assets

D.

current assets less current assets

Correct answer is D

No explanation has been provided for this answer.

323.

Which of the following is not a sales promotion method?

A.

Demonstration

B.

Exhibition

C.

Free sample

D.

Newspaper

Correct answer is D

No explanation has been provided for this answer.

324.

One disadvantage of advertising to the consumer is that it

A.

brings confusion on the choice of goods

B.

increases demand

C.

persuades the public to buy what they need

D.

decreases the cost of goods

Correct answer is A

No explanation has been provided for this answer.

325.

Which of the following advertising media combines the advantages of both sight and sound?

A.

Television

B.

Radio

C.

Neon sign

D.

Billboard

Correct answer is A

No explanation has been provided for this answer.