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3296

which of the following statement is true of a debenture?

  • A. its holders receive interest
  • B. it forms part of a company's authorized capital
  • C. its owners are co-owners of the company
  • D. its owners control the company
View Answer & Discuss WAEC 2018
3297

The path through which a product moves from the manufacturer to the consumer is a?

  • A. channel of communication
  • B. line of production
  • C. means of transportation
  • D. channel of distribution
View Answer & Discuss WAEC 2018
3298

If the opening stock of Ali ltd is N40,000, the cost of goods sold is N48,000 and the closing stock is N24,000, its rate of turnover will be?

  • A. 1.2 times
  • B. 1.5 times
  • C. 2.0 times
  • D. 7.5 times
View Answer & Discuss (4) WAEC 2018
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3299

A business which requires a certificate of trading in order to commence operation is a? 

  • A. co-operative society
  • B. private company
  • C. sole propietorship
  • D. public company
View Answer & Discuss WAEC 2018
3300

Exchange of goods in international market which does not involve the use of money is a

  • A. barter trade
  • B. entreport trade
  • C. counter trade
  • D. bilateral trade
View Answer & Discuss (2) WAEC 2018
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