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1411

The coming together of two or more firms at different stages of production is?

  • A. horizontal merger
  • B. vertical merger
  • C. amalgamation
  • D. cartel
View Answer & Discuss (3) WAEC 2000
1412
The total value of fixed and current assets is?
  • A. working capital
  • B. capital employed
  • C. fixed capital
  • D. capital owned
View Answer & Discuss WAEC 2000
1413
Which of the following is true about cumulative preference shares?
  • A. Unpaid dividends are carried forward
  • B. Shareholders can secure capital refund on demand
  • C. Shareholders are entitled to further share of profit
  • D. Dividends are paid into a special account
View Answer & Discuss WAEC 2000
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1414
Which of the following is true about cumulative preference shares?
  • A. Unpaid dividends are carried forward
  • B. Shareholders can secure capital refund on demand
  • C. Shareholders are entitled to further share of profit
  • D. Dividends are paid into a special account
View Answer & Discuss WAEC 2000
1415
A debenture is mortgaged when it is?
  • A. not secured on the the assets of a company
  • B. Secured on the assets of a company
  • C. irredeemable
  • D. redeemable
View Answer & Discuss WAEC 2000
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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