Question 1 of 10
Complying with the rules relating to the conduct of business activities in a country is an aspect of
This JAMB Commerce Past Questions - Set 37 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 37 covers questions from JAMB exams (2015-2016).
Question 1 of 10
Complying with the rules relating to the conduct of business activities in a country is an aspect of
Question 2 of 10
Which of the following is a legal tender?
Question 3 of 10
Which of the following is NOT backed by gold but by government securites?
Question 4 of 10
Where a manufacturer doesn't collects money from wholesalers in exchange for goods produced is referred to as
Question 5 of 10
Quantity discount is offerred mainly to persuade the buyer to
Question 6 of 10
The placement of workers based on their qualifications can be categorized under
Question 7 of 10
A group of computers that exchange data is referred to as
Question 8 of 10
The form of credit sales common to low income groups is
Question 9 of 10
\(\begin{array}{c|c} N & N \\ \hline \text{Capital 8000} & \text{Plant and machinery5000} \\ \hline \text{Net profit 4000} & \text{Motor van 4500} \\ \hline \text{Drawings 200} & \text{Stock 2000} \\ \hline \text{Creditors 2000} & \text{Debtor 1000} \\ \hline \text{Accruals 300} & \text{Bank 100} \\ \hline & \text{Cash 600} \\ \hline 14100 & 14100 \\ \end{array}\) What is the acid ratio?
Question 10 of 10
The vessels that operate on specific route on high seas and oceans are