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Monday, 27 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 316:
A financial document stating the reasons for making a payment and details of the payment is ____________
  • A Bank draft
  • B Cash book
  • C Cheque
  • D Payslip
  • E Voucher
View Answer & Explanation
Question 317:
Another name for a foreign order is ____________
  • A Catalogue
  • B Export
  • C Import
  • D Indent
  • E Quotation
View Answer & Explanation
Question 318:
Public debt management is one of the functions of a ____________ bank
  • A Central
  • B Commercial
  • C Development
  • D Industrial
  • E Merchant
View Answer & Explanation
Question 319:
Which of the following regards the consumer as king?
  • A Consumer behavior
  • B Marketing concept
  • C Market mix
  • D Pricing policy
  • E Product mix
View Answer & Explanation
Question 320:
Shares, stocks, government bonds trade in the stock exchange marks: are known as ____________
  • A Debentures
  • B Gut-edged stocks
  • C Merchandises
  • D Securities
  • E Treasure bills
View Answer & Explanation