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Tuesday, 28 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 381:
A major disadvantage of the mainframe computer is its ____________
  • A Speed
  • B Durability
  • C Cost
  • D Capacity
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Question 382:
One of the primary functions of the thrift, credit and loans cooperative society is to ____________
  • A Educate its members
  • B Disburse money to its members
  • C Encourage investment among members
  • D Protect members’ valuables
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Question 383:
One objective of privatization is the ____________
  • A Provision of infrastructure
  • B Provision of education and health facilities
  • C Efficient use of resources
  • D Protection and development of communities
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Question 384:
A non-insurable risk is exemplified by ____________
  • A Speculation and loss of profit through competition
  • B Gambling and whole-life insurance
  • C Bad debts and consequential loss insurance
  • D Open cover contract and constructive total loss
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Question 385:
The contribution of a department towards the attainment of corporate goals is its ____________
  • A Span of control
  • B Scalar principles
  • C Unity of command
  • D Unity of objective
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