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Commerce Past Questions and Answers
Classroom
Commerce Questions
Question 206:
JAMB 1997
The turnover of firm maybe affected by
SchoolNGR Classroom
A
The demand for its product
B
The cost of its goods sold
C
Its closing stock
D
Its net assets
View Answer & Explanation
Question 207:
JAMB 1997
The cost of transporting goods to consumers called
SchoolNGR Classroom
A
Carried inward
B
Carried forward
C
Carried paid
D
Carried outward
View Answer & Explanation
Question 208:
JAMB 1997
The main aim of selling directly to consumers by manufactures is to
SchoolNGR Classroom
A
Dis courage the activities of middlemen
B
Make contacts with comsumers
C
Eliminate transportation cost
D
Maximize the profit margin
View Answer & Explanation
Question 209:
JAMB 1997
In foreign trade, document of title is known as
SchoolNGR Classroom
A
Bill of lading
B
Bill at sight
C
Certifiate of origin
D
Declaration form
View Answer & Explanation
Question 210:
JAMB 1997
Excise duties are paid on goods that are
SchoolNGR Classroom
A
Imported into the country
B
Manufactured within the company
C
Exported to other clonutries
D
Kept in bond warehouses
View Answer & Explanation
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