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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
516
Given:

Sales...........................N15 000
Opening stock...................N5 600
Purchases.......................N9 700
Closing stock...................N4 400
Gross profit....................N4 500
Net profit......................N2 200

From the data above, calculate the rate of turnover?
  • A. 3:50 times
  • B. 3:00 times
  • C. 2:00 times
  • D. 2:18 times
View Answer & Discuss (1) JAMB 2005
517

Tourism can be classified as?

  • A. intangible import
  • B. visible export
  • C. intangible export
  • D. invisible export
View Answer & Discuss JAMB 2006
518

The input, output and central processing units are the basic components of a computer's?

  • A. memory
  • B. printer
  • C. hardware
  • D. software
View Answer & Discuss JAMB 2006
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519

An employer insures against his employees' dishonesty by taking up?

  • A. fidelity guarantee insurance
  • B. accident insurance
  • C. group life assurance
  • D. endowment policy
View Answer & Discuss JAMB 2006
520

Payment made to the insured by the insurer outside its legal obligation is?

  • A. premium paid
  • B. ex gratia payment
  • C. surrender value
  • D. sum assured
View Answer & Discuss JAMB 2006
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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