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Commerce 1997 JAMB Past Questions

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21
The turnover of firm maybe affected by
  • A. the demand for its product
  • B. the cost of its goods sold
  • C. its closing stock
  • D. its net assets
View Answer & Discuss JAMB 1997
22
The cost of transporting goods to consumers called
  • A. carried inward
  • B. carried forward
  • C. carried paid
  • D. carried outward
View Answer & Discuss JAMB 1997
23
The main aim of selling directly to consumers by manufactures is to
  • A. dis courage the activities of middlemen
  • B. make contacts with comsumers
  • C. eliminate transportation cost
  • D. maximize the profit margin
View Answer & Discuss JAMB 1997
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24
In foreign trade, document of title is known as
  • A. bill of lading
  • B. bill at sight
  • C. certifiate of origin
  • D. declaration form
View Answer & Discuss JAMB 1997
25
Excise duties are paid on goods that are
  • A. imported into the country
  • B. manufactured within the company
  • C. exported to other clonutries
  • D. kept in bond warehouses
View Answer & Discuss (2) JAMB 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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