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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
1946
Rate of stock turnover is calculated to determine
  • A. total volume of sales
  • B. number of times goods are bought and sold
  • C. number of times goods are counted
  • D. total value of goods in the store
  • E. the quality of goods sold
View Answer & Discuss WAEC 1998
1947
Which of the following is not a feature of hire purchase?
  • A. Customer pays initial deposit
  • B. Customer pays purchase price plus interest
  • C. Payment is by instalment
  • D. Ownership of goods passes to the customer on payment of a deposit
  • E. Generally suitable for sales of durable goods
View Answer & Discuss WAEC 1998
1948
Which of the following is not connected with after-sales services?
  • A. Installment
  • B. Granting trade discount
  • C. Providing spare parts
  • D. Repairing of product
  • E. Replacing damaged goods
View Answer & Discuss WAEC 1998
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1949
Credit in business transaction is?
  • A. a form of loan
  • B. compliment to a good customer
  • C. provision of services
  • D. a means of saving money
  • E. a rebate for large purchases
View Answer & Discuss WAEC 1998
1950
Which of the following is true of rail transport?
  • A. Suitable for perishable goods
  • B. Fast over long distances
  • C. Maximum handling of goods
  • D. Gaurantees safety of goods
  • E. Does not travel on schedule
View Answer & Discuss WAEC 1998
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