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Commerce Past Questions

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3946

An association formed by computer distributors to safeguard and promote their interest is a? 

  • A. chamber of commerce
  • B. cooperative society
  • C. trade association
  • D. trade union
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3947

The issue of prospectus by a company is an invitation to members of the public to?

  • A. subscribe to the company`s shares
  • B. buy the company`s product
  • C. attend the company`s boards meeting
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3948

Examples of currents assets are?

  • A. cash and trade debtors
  • B. cash and trade cresitors
  • C. trade debtors, trade creditors and cash
  • D. trade creditors and trade debtors
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
3949

When the cost of sales is divided by the average stock, the result is?

  • A. gross profit
  • B. net profit
  • C. rate of turnover
  • D. working capital
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3950

The part of issued share capital that the company has asked the subscribers to pay for is?

  • A. authorized capital
  • B. called-up capital
  • C. nominal capital
  • D. paid-up capital
View Answer & Discuss (1) WAEC 2020
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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