Commerce 2012 Jamb Examination

Commerce 2012 Jamb Examination
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2. Career
4. Job
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Question 41

The body which ensures that consumers are protected against harmful products in Nigeria is
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NAFDAC is responsible for regulating and ensuring the safety of foods and drugs in Nigeria.

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Question 42

The process of decoding data in a computer is known as
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Decoding encrypted data is called decryption in computer systems.

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Question 43

Which of the following is a type of system software
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Utility programmes are a type of system software that help manage computer resources.

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Question 44

Computers that process all data as binary zeros and ones are
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Digital computers process data in binary form (0s and 1s).

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Question 45

Modern means of payment is greatly facilitated by
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E-banking provides modern, electronic methods for facilitating payments.

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Question 46

The provision of quality and safe products which guarantee the health of consumers is an example of
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Ensuring quality and safety of products is a form of social responsibility by businesses.

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Question 47

A business organization must always consider the overall effect of its actions on the
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Businesses must consider the impact of their actions on society as part of social responsibility.

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Question 48

If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.
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Turnover = Rate of turnover × Average stock = 4 × 49,600 = N198,400.

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Question 49

Dealing in quoted securities on the Nigerian Stock Exchange is restricted to authorized
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Only licensed brokers are authorized to deal in quoted securities on the Nigerian Stock Exchange.

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Question 50

The provision of quality and safe products which guarantee the health of consumers is an example of
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Ensuring quality and safety of products is a form of social responsibility by businesses.

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Commerce 2012 Jamb Examination
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