Search SchoolNGR

Tuesday, 28 April 2026
Register . Login

Commerce Past Questions and Answers

Neco Commerce Questions

Question 351:
A country’s balance of payments is divided into ____________
  • A Current and capital accounts
  • B Current and foreign accounts
  • C Creditor`s and debtor’s accounts
  • D Export and import accounts
View Answer & Explanation
Question 352:
A factor that hinders the achievement of ECOWAS objectives is ____________
  • A The absence of a common market
  • B Lack of a common language
  • C The difference in political ideology
  • D Lack of a common territory
View Answer & Explanation
Question 353:
Which of the following is the best form of sales promotion?
  • A Bill board
  • B Bell ringing
  • C Publicity
  • D Demonstration
View Answer & Explanation
Question 354:
A legal document representing a promise by a company to pay back a loan over a period of time is referred to as a ____________
  • A Warrant
  • B Bond
  • C Share certificate
  • D Title deed
View Answer & Explanation
Question 355:
A document issued by financial organizations to enable holders to buy goods on credit is called ____________
  • A ATM card
  • B Coupon
  • C Luncheon voucher
  • D Credit card
View Answer & Explanation