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1321
Which of the following enables production to take place ahead of demand?
  • A. Transporting
  • B. Advertising
  • C. Importing
  • D. warehousing
  • E. Exporting
View Answer & Discuss WAEC 1995
1322
Called-up capital is the amount?
  • A. paid on allotment
  • B. paid ontirstcall
  • C. paid on appilication
  • D. demanded on shares issued
  • E. . paid-up on all shares
View Answer & Discuss WAEC 1995
1323
Which of the following is true about cumulative preference shares?
  • A. Any unpaid dividend is carried forward
  • B. The shareholders can obtain a capital refund
  • C. They are entitled to further share in profit
  • D. Any unpaid dividend is forfeited
  • E. The dividend declared is accumulated in a reserve account
View Answer & Discuss WAEC 1995
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1324
A public limited company has the rights and duties of an individual because it?
  • A. has a board of directors
  • B. has a trading certificate
  • C. has corporate status'
  • D. has a memorandum of association
  • E. is so stated in articles of association
View Answer & Discuss WAEC 1995
1325
The total indebtedness of a business is the same as its
  • A. liabilities
  • B. liquid capital
  • C. solvency
  • D. capital employed
  • E. working capital
View Answer & Discuss WAEC 1995
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts