post-utme
2016
commerce
Q1. The type of wholesaler that combines selling, delivery and collection in one operation is
Aspecialist wholesaler
Brack jobber
Cdrop shipment
Dtruck. wholesaler
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post-utme
2016
commerce
Q2. The placement of workers based on their qualifications can be categorized under
Apublic sector
Bskilled labour
Cprivate sector.
Dunskilled labour
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post-utme
2016
commerce
Q3. A group of computers that exchange data is referred to as
Aan information bank.
Ba network.
Ca database.
Dan intranet site.
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post-utme
2016
commerce
Q4. An ancillary to trade which promotes socio-cultural development all over the world is
Atransportation
Bcommunication
Ctourism.
Dinsurance.
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post-utme
2016
commerce
Q5. Which of the following types of occupation involves services that can be referred to as auxiliaries’ trade?
AConstructive occupation
BManufacturing occupation.
CIndustrial occupation.
DCommercial occupation
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post-utme
2016
commerce
Q6. The pricing policy that seeks ,to set .prices relatively high in order to attract the wealthy segment of the market is
Atarget return pricing
Bmarket skimming
Cvariable pricing.
Dmarket penetration
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post-utme
2016
commerce
Q7. Which of the following is used for temporary storage of data on a computer?
ARAM.
BROM.
Cfloppy disk.
Dflash disk.
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post-utme
2016
commerce
Q8. A major function of commerce is to
Afacilitate human satisfaction through exchange
Beliminate trade barriers
Cprovide raw materials for manufacturers
Dinfluence government policies
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post-utme
2016
commerce
Q9. Labour as an input in production can be motivated by
Atraining
Bprofit.
Cremuneration.
Dpromotion
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post-utme
2016
commerce
Q10. Complying with the rules relating to the conduct of business activities in a country is an aspect of
Acultural environment.
Bdemographic environment.
Clegal environment
Dpolitician environment
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post-utme
2016
commerce
Q11. The act of interpreting ideas within an organization is
Amotivating
Borganizing
Cplanning .
Dcommunicating
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post-utme
2016
commerce
Q12. The minimum lending rate of a bank is a component of its
Acurrent assets
Bdebit balance.
Ccredit balance.
Dfixed assets.
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post-utme
2016
commerce
Q13. Which of the following is NOT backed by gold but by government securities?
AFiduciary note.
BFiat money.
CToken money.
DCommodity money.
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