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2886
Organizational chart is a diagram showing the
  • A. flow of authority and responsibilities in a organization
  • B. offices of both subordinates and officials
  • C. organization of staff in an organization
  • D. positions of workers in an organization
  • E. span of management control
View Answer & Discuss NECO 2003
2887
A share ducted “Cum div”, means that the dividend for the current year will be paid to the
  • A. buyer of the shares
  • B. broker of the shares
  • C. jobber of the shares
  • D. seller of the shares
  • E. stock exchange authority
View Answer & Discuss NECO 2003
2888
The excess value of all the assets of a business over the value of its liabilities is called
  • A. capital employed
  • B. capital owned
  • C. circulating capital
  • D. loan capital
  • E. share capital
View Answer & Discuss NECO 2004
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2889
A bill of lading is best described as the
  • A. certificate of quality of goods
  • B. certificate of value for the goods on board
  • C. document of title to the goods on board a ship
  • D. document showing where the goods are going to
  • E. evidence of payment of custom duties
View Answer & Discuss NECO 2004
2890
Which of the following is NOT a function of the central bank?
  • A. Banker's bank
  • B. Government's bank
  • C. Lender of last resort
  • D. Printing of currency
  • E. Servicing of National debt
View Answer & Discuss (1) NECO 2004
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