2015 - JAMB Commerce Past Questions and Answers - page 4
31
The measure of independence available to the individual business units that come together is the main difference between
A
vertical and horizontal integration
B
Mergers and Acquisition
C
Consortium and imagination
D
Trust and Cartel
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32
In the permanent storage device, DASD means
A
Data Access Systems Device
B
Direct Access Systems Device
C
Data Access Storage Device
D
Direct Access Storage Device
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33
The development of commercial activate in Nigeria was harnessed by
A
A good storage system
B
Availability of market
C
Increase in production
D
Activities
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34
The forum for the selling and buying of securities of small and medium companies is called.
A
Securities and Exchange Commission
B
Second tier Security Market
C
Foreign exchange Market
D
Second tier foreign Exchange market
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35
The external environmental factors that affect a business cooperation are
A
Economic, Social and legal
B
Political, Culture and Labour
C
Competition, Labour and Political
D
Competition, Industry and Product.
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36
The difference between a private are public limited liability company is that the former
A
Is unable to declare and pay dividend.
B
Has a higher number of share holder
C
Is unable to offer shares to the public.
D
pays higher salaries to its member
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37
A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.
A
debenture
B
a bond
C
a term loan
D
an overdraft
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38
The circulating capital of a business enterprise is classified into
A
Cash, work-in-progress and debtors
B
Cash, Vehicles, land and building
C
debtors, stocks of raw materials and fitting
D
Prepayments, debtors and equipment
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39
Use the information below to answer this question.
Mammy Plc, whose nominal capital is made up of 5,000,000 ordinary shares at 50K each, decide to offer 80% of it to the public and realized only 50% of the amount due.
what is the company authorized share authorized share capital?
Mammy Plc, whose nominal capital is made up of 5,000,000 ordinary shares at 50K each, decide to offer 80% of it to the public and realized only 50% of the amount due.
what is the company authorized share authorized share capital?
A
N4,000,000
B
N5,000,000
C
N7,500,000
D
N2,500,000
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40
A bond which attracts interest but leaves the capital repaid is referred to as
A
A redeemable bond
B
An irredeemable bond
C
A development bond
D
A long-term loan
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