The Abuja Stock And Commodity Exchange - SS2 Accounting Past Questions and Answers - page 1

1

What can investors trade on the Abuja Securities and Commodity Exchange?

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A

Securities and commodities

B

Goods and services

C

Real estate

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2

What is the ASCE All-Share Index?

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A

A market index that tracks the performance of all listed companies on the exchange

B

The total value of all listed companies on the exchange

C

A trading session on the exchange

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3

What is the regulatory body for the ASCE?

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A

The Central Bank of Nigeria

B

The Securities and Exchange Commission

C

The Nigerian Stock Exchange

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4

What are the requirements for a company to be listed on the ASCE?

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A

Financial stability, profitability, and transparency

B

A large number of employees

 

C

A high level of social responsibility

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5

What can be traded as commodities on the ASCE?

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A

Agricultural products, minerals, and oil

B

Technology stocks

C

Foreign currencies

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6

What type of trading platform does the ASCE operate?

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7

What is the role of the ASCE in the Nigerian economy?

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