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    Home MCQ examination Jamb Commerce 2016

    Commerce 2016 Jamb Examination

    Commerce 2016 Jamb Examination
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    1. Aptitude
    2. Career
    3. Examination
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    1...3456

    Question 41

    Labour as an input in production can be motivated by
    Show explanation Expand Question

    Labour motivation typically involves providing remuneration (wages/salaries) as a direct incentive. Correct option is C.

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    Question 42

    Discharging certain duties by an organization to the public to gain high patronage is a concern of ?
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    When an organization engages with the public to gain patronage, it addresses social responsibility. Correct option is D.

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    Question 43

    Complying with the rules relating to the conduct of business activities in a country is an aspect of
    Show explanation Expand Question

    Compliance with rules governing business activities is part of the legal environment. Correct option is C.

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    Question 44

    Which of the following is a legal tender?
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    Bank notes issued by the government are recognized legal tender. Correct option is C.

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    Question 45

    Which of the following is NOT backed by gold but by government securities?
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    Fiat money is backed by government decree, not gold or commodity. Correct option is D.

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    Question 46

    Where a manufacturer does not collect money from wholesalers in exchange for goods produced is referred to as
    Show explanation Expand Question

    When goods are supplied without immediate payment, it is termed trade credit. Correct option is C.

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    Question 47

    Quantity discount is offered mainly to persuade the buyer to
    Show explanation Expand Question

    Quantity discounts encourage the buyer to purchase larger quantities. Correct option is D.

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    Question 48

    The placement of workers based on their qualifications can be categorized under
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    Assigning workers according to qualifications is a feature of skilled labour. Correct option is B.

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    Question 49

    A group of computers that exchange data is referred to as
    Show explanation Expand Question

    A group of interconnected computers sharing data is called a network. Correct option is B.

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    Question 50

    The form of credit sales common to low income groups is
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    Credit sales used by low-income groups are often in the form of hire purchase. Correct option is A.

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    1...3456

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