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Tuesday, 28 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 376:
A system in which a group of persons are appointed to carry out special duties of policy and decision-making is referred to as the ____________
  • A Matrix structure
  • B Staff structure
  • C Committee structure
  • D Functional structure
View Answer & Explanation
Question 377:
The major advantage of using a vending machine is that ____________
  • A All sales are automatic
  • B It operates for 24 hours
  • C It has a time limit
  • D It is easily accessible
View Answer & Explanation
Question 378:
The quickest and most accurate means of communication is ____________
  • A Fax
  • B Telegram
  • C Express mail
  • D Railex
View Answer & Explanation
Question 379:
An association of two or that each cannot handle alone is ____________
  • A A cartel
  • B An amalgamation
  • C A merger
  • D A syndicate
View Answer & Explanation
Question 380:
Sole proprietors finance their businesses through ____________
  • A Bonds and savings
  • B Savings and bank overdrafts
  • C Loans and mortgages
  • D Bank overdrafts and leasing
View Answer & Explanation