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1291
The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an
organisation is called?
A.
delegation
B.
deputising
C.
coordinating
D.
supervision
E.
motivation
View Answer & Discuss
WAEC 1994
1292
Which of the following is not considered by banks when granting loans to customers?
A.
Character ofthe customer
B.
Amount needed
C.
Period of repayment
D.
Amount of interest payable
E.
Purpose of the loan
View Answer & Discuss
WAEC 1994
1293
Which of the following is not considered by banks when granting loans to customers?
A.
Character ofthe customer
B.
Amount needed
C.
Period of repayment
D.
Amount of interest payable
E.
Purpose of the loan
View Answer & Discuss (1)
WAEC 1994
1294
A cheque that is drawn on a bank is called?
A.
certified cheque
B.
bankdraft
C.
bank note
D.
order cheque
E.
bearer cheque
View Answer & Discuss
WAEC 1994
1295
The rebate given to the retailer by the wholesaler to enable him make profit is known as?
A.
trade discount
B.
cash discount
C.
credit guarantee
D.
commission
E.
mark-up
View Answer & Discuss
WAEC 1994
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