2020 - JAMB Commerce Past Questions and Answers - page 3
21
Safeguarding the health of the nation' is the slogan used by?
A
NDLEA
B
NHIS
C
NAFDAC
D
EPL
correct option: c
Users' Answers & Comments22
The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?
A
span of control
B
delegation of authority
C
chain of command
D
authority and rsesponsibility
correct option: c
Users' Answers & Comments23
The details of the goods require by the the purchaser is outlined in?
A
a consular invoice
B
an indent
C
an invoice
D
a certificateof orign
correct option: c
Users' Answers & Comments24
A worker who process rice is engaged in?
A
constructive activity
B
comercial activity
C
extractive activity
D
manufactural activity
correct option: d
Users' Answers & Comments25
A
N24.65 million
B
N17.00million
C
N9. 35 million
D
N7.65million
correct option: c
Users' Answers & Comments26
The element of the marketing mix are
A
product promotion, place and price
B
[personal selling, advertising and research
C
promotion, production, place and price
D
procurement, price, product and place
correct option: a
Users' Answers & Comments27
When a price is quoted at F.O.B. it means that the price?
A
excludes loading charges incurred in bringing the goods to port of destinction
B
exclude all necessary shipping charges payable for insurrance
C
includes all charges payable on shipping a consignment to the port destination
D
includes charges payable for for loading goods onto the ship
correct option: c
Users' Answers & Comments28
Service which are of absolute monopoly can can best be proved by
A
private companies
B
limited liability companies
C
public companies
D
public enterprises
correct option: d
Users' Answers & Comments29
The lumbering of trees by a furniture company is an example of
A
primary production
B
secondary production
C
tertiary production
D
direct production
correct option: a
Users' Answers & Comments30
The winding up of a firm by a resolution of its shareholders is an example of
A
voluntary liquidation
B
bankruptcy
C
recession
D
involuntary liquidation
correct option: a
Users' Answers & Comments