Leaderboard: COMMERCE JAMB CBT 2015
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COMMERCE JAMB CBT 2015
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COMMERCE JAMB CBT 2015
1-50 QUESTIONS
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- Answered
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Question 1 of 49
1. Question
The vessels that operate on specific route on high seas and
oceans areCorrect
Incorrect
-
Question 2 of 49
2. Question
When an oil exploring and mining company builds a health
centre in one community where at operates, such a company
isCorrect
Incorrect
-
Question 3 of 49
3. Question
the world tourism organization has it headquarters in
Correct
Incorrect
-
Question 4 of 49
4. Question
A cheque drawn by a bank official on the bank’s deposit in
another bank on a customer’s deposit in another bankCorrect
Incorrect
-
Question 5 of 49
5. Question
The development of commerce in west Africa was not
hampered byCorrect
Incorrect
-
Question 6 of 49
6. Question
Which of the following is classified as an immaterial want?
Correct
Incorrect
-
Question 7 of 49
7. Question
In product pricing, which of these elements need more
consideration than others?Correct
Incorrect
-
Question 8 of 49
8. Question
The major determinant of fire insurance premium is the
Correct
Incorrect
-
Question 9 of 49
9. Question
The agency in Nigeria which ensure that products conform to
government quality specification is theCorrect
Incorrect
-
Question 10 of 49
10. Question
Citizens are against privatization mainly because of
Correct
Incorrect
-
Question 11 of 49
11. Question
A market where new shares are tracked is known as
Correct
Incorrect
-
Question 12 of 49
12. Question
The application of division of labour would generally bring
aboutCorrect
Incorrect
-
Question 13 of 49
13. Question
The computer using linear integrated circuit technology
complied with quantification of data in term of length and
distance isCorrect
Incorrect
-
Question 14 of 49
14. Question
The internet is a system of telecommunication used for
Correct
Incorrect
-
Question 15 of 49
15. Question
Sending and renewing text message
Correct
Incorrect
-
Question 16 of 49
16. Question
Communication enhances business activities by
Correct
Incorrect
-
Question 17 of 49
17. Question
The effective and efficient delivery of the desired satisfaction
by a firm is said to be the practice ofCorrect
Incorrect
-
Question 18 of 49
18. Question
The document that gives an important freehand to obtain
goods form any manufacturer isCorrect
Incorrect
-
Question 19 of 49
19. Question
Company has an authorized capital of 100millon shares at N1
per share, out of which 50 million shares have been issued
and fully paid-up the remaining 50 million shares haveCorrect
Incorrect
-
Question 20 of 49
20. Question
Which of the following best describes an invoice?
Correct
Incorrect
-
Question 21 of 49
21. Question
A direct service is rendered by
Correct
Incorrect
-
Question 22 of 49
22. Question
The business organization established mainly for the purpose
of carrying out specific assignment for a specific duration is aCorrect
Incorrect
-
Question 23 of 49
23. Question
Second-tier securities market differs from the first-tier
securities market in that the former isCorrect
Incorrect
-
Question 24 of 49
24. Question
Inbound tourism occurs when
Correct
Incorrect
-
Question 25 of 49
25. Question
A machine which enables sales without the physical presence
of sales attendant is aCorrect
Incorrect
-
Question 26 of 49
26. Question
In a typical manufacturing enterprises, the line function is
performed by theCorrect
Incorrect
-
Question 27 of 49
27. Question
The body regulating the sale and purchase of shares in Nigeria
is theCorrect
Incorrect
-
Question 28 of 49
28. Question
A memorandum of association is applicable to a
Correct
Incorrect
-
Question 29 of 49
29. Question
An agent who takes title to goods and has authority to buy and
sell on behalf of another isCorrect
Incorrect
-
Question 30 of 49
30. Question
Resource committees into the production of relatively few
commodities is known asCorrect
Incorrect
-
Question 31 of 49
31. Question
The measure of independence available to the individual
business units that come together is the main difference
betweenCorrect
Incorrect
-
Question 32 of 49
32. Question
In the permanent storage device, DASD means
Correct
Incorrect
-
Question 33 of 49
33. Question
The development of commercial activate in Nigeria was
harnessed byCorrect
Incorrect
-
Question 34 of 49
34. Question
The forum for the selling and buying of securities of small and
medium companies is called.Correct
Incorrect
-
Question 35 of 49
35. Question
The external environmental factors that affect a business
cooperation areCorrect
Incorrect
-
Question 36 of 49
36. Question
The difference between a private are public limited liability
company is that the formerCorrect
Incorrect
-
Question 37 of 49
37. Question
A type of long-term loan granted to companies with fixed
interest rate as well as with redeemable and irredeemable
features is referred to as projects.Correct
Incorrect
-
Question 38 of 49
38. Question
The circulating capital of a business enterprise is classified into
Correct
Incorrect
-
Question 39 of 49
39. Question
Use the information below to answer this question.
Mammy Plc, whose nominal capital is made up of 5,000,000
ordinary shares at 50K each, decide to offer 80% of it to the
public and realized only 50% of the amount due.what is the company authorized share authorized share
capital?Correct
Incorrect
-
Question 40 of 49
40. Question
A bond which attracts interest but leaves the capital repaid is
referred to asCorrect
Incorrect
-
Question 41 of 49
41. Question
The document issued to a port authority when a good are
deposited is aCorrect
Incorrect
-
Question 42 of 49
42. Question
The business environment that takes into cognizance the age
distribution ethnic mix and educational level of the consumer isCorrect
Incorrect
-
Question 43 of 49
43. Question
The term 4 net 7 on an invoice means that
Correct
Incorrect
-
Question 44 of 49
44. Question
Musa obtains wool from his sheep, spins and transform it into
cloth which he sells to consumers, this is a form ofCorrect
Incorrect
-
Question 45 of 49
45. Question
The principle of subrogation stated that
Correct
Incorrect
-
Question 46 of 49
46. Question
Correct
Incorrect
-
Question 47 of 49
47. Question
Correct
Incorrect
-
Question 48 of 49
48. Question
Correct
Incorrect
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Question 49 of 49
49. Question
Correct
Incorrect