Commerce 2018 Jamb Examination

Commerce 2018 Jamb Examination
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2. Career
4. Job
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Question 51

The main objective of corporate mergers is to?
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The main goal of corporate mergers is to achieve economies of scale by combining resources and reducing costs. Correct option is D.

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Question 52

Rights issue means the?
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Rights issue is the issuance of additional shares to existing shareholders at favorable terms to raise capital. Correct option is D.

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Question 53

The direct authority of a superior over his subordinate is known as?
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The authority that allows a superior to directly command subordinates is called line authority. Correct option is B.

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Question 54

consumer sovereignty means that the consumer is?
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Consumer sovereignty implies that the preferences and choices of consumers dictate market decisions. Correct option is D.

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Question 55

Taking a new product to a particular part of the country to test the reaction of consumers to the product is referred to as?
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Introducing a new product to a small market segment to gauge consumer response is called sampling. Correct option is B.

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Question 56

when it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?
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The first step in company liquidation is the appointment of a liquidator who will oversee the winding up of the company’s affairs. Correct option is D.

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Question 57

Transportation, retailing and wholesaling industries rely heavily on?
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These industries depend on banking services for credit, payment processing, and financial management. Correct option is A.

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Question 58

Erroneous real arrangement of financial figure such as writing N624 as N264 is called?
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When digits are mistakenly reversed in financial figures, it is called transposition. Correct option is C.

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Question 59

The business organisation in which shareholders have equal votes is?
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In a cooperative, each shareholder has one vote regardless of the number of shares held. Correct option is C.

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Question 60

Excise duties are paid on goods that are?
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Excise duties are levied on locally manufactured goods as a form of indirect taxation. Correct option is B.

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Commerce 2018 Jamb Examination
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