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Question 1 of 10
The role of customs and excise authority includes the
JAMB Commerce Past Questions - Set 43
10 QuestionsMultiple ChoiceFree Practice
About this quiz
This JAMB Commerce Past Questions - Set 43 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 43 covers questions from JAMB exams (2014).
Progress0 / 10 answered
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Question 2 of 10
A document recording the transactions of an organization with its customer for a specified period which normally shows the indebtedness of one to the other is a
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Question 3 of 10
In response to an inquiry from a customer, a wholesaler is expected to send back
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Question 4 of 10
A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue
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Question 5 of 10
Tourists with no fixed address in a town may receive their letters from post office through a
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Question 6 of 10
Endowment policy in insurance business is an aspect of
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Question 7 of 10
The insurance principle that allows an insurance company to take over the rights of the insured once he has been compensated is
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Question 8 of 10
A trader who experienced loss through fire can be restored by
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Question 9 of 10
The distribution of petroleum products in Nigeria is through
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Question 10 of 10
The deliberate effort geared towards discarding some cargoes in order to lighten the vessel is