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Commerce Past Questions and Answers

Neco Commerce Questions

Question 251:
The following are advantages of division of labour specialization EXCEPT that it ____________
  • A Enhances interdependence
  • B Increases output
  • C Increases skill and dexterity
  • D Leads to monotony
  • E Promotes efficient of tools
View Answer & Explanation
Question 252:
Branding is the assigning of trade marks to goods for the purpose of ____________ by the public.
  • A Demand
  • B Identification
  • C Replacement
  • D Stabilization
  • E Standardization
View Answer & Explanation
Question 253:
Which of the following advertising media preselects its readership through the nature of its content?
  • A Billboard
  • B Hand bill
  • C Magazine
  • D Newspaper
  • E Poster
View Answer & Explanation
Question 254:
In the event of winding up of a company, who among the following is paid last?
  • A Cumulative preference shareholders
  • B Debenture holders
  • C Ordinary shareholders
  • D Preference Shareholders
  • E Trade creditors
View Answer & Explanation
Question 255:
Which of the following is NOT a credit instrument?
  • A Bank Notes
  • B Bill of Exchange
  • C Bill of Lading
  • D Cheques
  • E Promissory Notes
View Answer & Explanation