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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4551

Turnover of a business is the same as the

 

  • A. purchases of the business
  • B. assets of the business
  • C. sales of the business
  • D. profit of the business
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4552

The reduction of the value of a country's currency in relation to other country's currencies in

 

 

  • A. fluctuation
  • B. inflation
  • C. devaluation
  • D. deregulation
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4553

An insurance principle that prevents a person from insuring what he does not stand to lose financially if the insured risk occurs is

 

  • A. proximate cause
  • B. indemnity
  • C. insurable interest
  • D. subrogation
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4554

The exchange of goods for goods in foreign trade is known as?

 

  • A. Smuggling
  • B. Visible trade
  • C. Entreport trade
  • D. Counter trade
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4555

Small scale retailer continue to survive inspite of serious competition from large scale retailers because they

  • A. do not separate business money from personal money
  • B. buy from many manufacturers
  • C. Maintain personal relationship with customers
  • D. Stock only one line of goods in their stalls
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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 App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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