Question 1 of 10
The arrangement and interrelationship of the various components and positions of a business is referred to as
This JAMB Commerce Past Questions - Set 20 quiz contains 10 multiple choice questions designed to help you revise and test your Commerce knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!
Practice with real JAMB Commerce past questions. Test your knowledge of trade, business, banking, and insurance for UTME preparation. Set 20 covers questions from JAMB exams (2020).
Question 1 of 10
The arrangement and interrelationship of the various components and positions of a business is referred to as
Question 2 of 10
Given: ₦ Opening Stock 1,800 Purchases 2,800 Sales 8,000 Closing stock 350 Carriage on sales 500
Question 3 of 10
Modern means of payment is greatly facilitated by
Question 4 of 10
A country is said to be experiencing an unfavourable balance of trade if her
Question 5 of 10
An undertaking given by a person to another assuring his integrity is
Question 6 of 10
The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is
Question 7 of 10
Mr. Taju entered into a contract to let a car to Mr. Funbi for his wedding for two days. However, the car had an accident before the first day. Mr. Funbi attempted to Claim damages but failed. This implies that the contract was terminated by
Question 8 of 10
From the diagram above, what does I stand for?
Question 9 of 10
The agency that currently oversees the privatization and commercialization processes in Nigeria is the
Question 10 of 10
A doctor who attends to patients at home after his official duty is