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Tuesday, 07 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3426:
WAEC 2015
Duty drawback refers to duties paid on?
SchoolNGR Classroom
  • A Exported goods produced with local content
  • B Re-exported goods previously imported
  • C Imported goods for sale locally
  • D Locally manufactured goods for sale locally
View Answer & Explanation
Question 3427:
WAEC 2015
The capital used in the day to day running of a business is?
SchoolNGR Classroom
  • A Nominal capital
  • B Working capital
  • C Paid up capital
  • D Authorized capital
View Answer & Explanation
Question 3428:
WAEC 2015
Which of the following is classified under current assets
SchoolNGR Classroom
  • A Machinery
  • B Motor vehicle
  • C Stock
  • D Fittings
View Answer & Explanation
Question 3429:
WAEC 2015
The reduction in the value of a country's currency in relation to others is?
SchoolNGR Classroom
  • A Re denomination
  • B Devaluation
  • C Inflation
  • D Deflation
View Answer & Explanation
Question 3430:
WAEC 2015
which of the following is an aspect of marketing concept
SchoolNGR Classroom
  • A Product differentiation
  • B Sales orientation
  • C Consumer orientation
  • D Price differentiation
View Answer & Explanation

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