Commerce 2021 Jamb Examination
Question 11
Downward communication occurs when instructions, information, or feedback is sent from a superior to a subordinate.
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Question 12
Net worth represents the excess of total assets over total liabilities of a business.
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Question 13
A B C Balance Sheet as at 31/12/2004.
|
₦ |
₦ |
The total sum of financing short term projects is
Short term projects are financed by current liabilities. Hence, ₦30,000.
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Question 14
A B C Balance Sheet as at 31/12/2004.
|
₦ |
₦ |
What is the capital employed?
Capital employed = Share capital + Reserves + Long-term liabilities = 200,000 + 100,000 + 40,000 = ₦340,000.
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Question 15
The key advantage of GSM (Global System for Mobile communications) is its mobility, allowing users to communicate on the move.
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Question 16
The type and structure of the property are the main determinants for calculating fire insurance premium.
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Question 17
Extraction involves deriving raw materials directly from land and sea.
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Question 18
A person who buys new issues with a view of reselling at a higher price in the near future is referred to as a
A bull market is the condition of a financial market in which prices are rising or are expected to rise. A trader in the stock exchange market who buys stocks with the hope of selling them at a higher price is called a bull.
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Question 19
The cache memory serves as a primary memory component in computers.
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Question 20
Communication satellites facilitate international telephone transmissions.
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