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2551

The money issued by Ola Maro and Co Ltd. in running the day to day activities of the business is represented by

  • A. fixed capital
  • B. capital employed
  • C. paid-up capital
  • D. working capital
View Answer & Discuss WAEC 2013
2552

Which of the following is an advantage of a sole trader?

  • A. Guaranteed profit
  • B. Quick decision-making
  • C. Unlimited liabilty
  • D. Buying on credit
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2553

A person's deliberate decision to reduce the value of her currency is called

  • A. deregulation
  • B. inflation
  • C. devaluation
  • D. revaluation
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2554

Which of the following is not a function of warehousing

  • A. Creating security of goods
  • B. Stabilization of price
  • C. Production ahead of demand
  • D. Storage of goods
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2555

Ad valorem duties are based on the

  • A. importance of the goods imported
  • B. value of the goods imported
  • C. weight of the goods imported
  • D. nature of the goods imported
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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 Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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