WAEC Commerce Past Questions & Answers - Page 95

471.

A retail outlet is described as a multiple shop when it

A.

has many shops under one roof

B.

sells goods which are not standardized

C.

sells through catalogue

D.

deals in one line of goods

Correct answer is A

No explanation has been provided for this answer.

472.

If the amount of dividend paid varies according to the level of profit; what type of share is involved?

A.

Cumulative preference share

B.

Preference share

C.

Deferred share

D.

Ordinary share

Correct answer is D

No explanation has been provided for this answer.

473.

Postage marks can be printed on letters and parcels using

A.

Teleprinter machine

B.

facsimile machine

C.

folding machine

D.

franking machine

Correct answer is D

No explanation has been provided for this answer.

474.

C.O.D transactions are associated with

A.

mail order firms

B.

mobile shops

C.

supermarkets

D.

multiple shops

Correct answer is A

No explanation has been provided for this answer.

475.

Which of the following organizations aims at providing relief for countries facing adverse balance of payment?

A.

A.C.P

B.

G.A.T.T

C.

U.N.C.T.A.D

D.

I.M.F

Correct answer is D

No explanation has been provided for this answer.