JAMB Commerce Past Questions - Set 34

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 34 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!

Description

Practice with real JAMB Commerce past questions. Test your knowledge of trade, business, banking, and insurance for UTME preparation. Set 34 covers questions from JAMB exams (2016).

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Question 1 of 10

The lumbering of trees by a furniture company is an example of

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Question 2 of 10

Which of the following types of occupation involues services that can be referred to as auxiliaries trade?

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Question 3 of 10

The transformation of cotton into clothings is an example of

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Question 4 of 10

A basic concept of advertising that reveals the essential message an advertiser wishes to communicate is referred to as the

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Question 5 of 10

The type of wholesaler that combines selling, delivery and collection in one operation is

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Question 6 of 10

Given \(\frac{\text{index of export price}}{\text{index of import price}}\) X \(\frac{100}{1}\) The formular above can be used to determine the

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Question 7 of 10

Commission on turnover is usually a benefit accruable to the

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Question 8 of 10

Avast is an example of

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Question 9 of 10

The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as

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Question 10 of 10

The act of interpreting ideas within an organization is