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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 516:

ln which of the following environments does a firm that uses out-dated equipment operate?

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A Economic
B Technological
C Social
D Political
E Legal

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Question 517:

Which of the following is sent when credit is not allowed?

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A Debit note
B Proforma invoice
C Credit note
D Statement
E Advice note

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Question 518:

Which of the following does not determine the form ofa business unit?

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A Available capital
B Risk bearing
C Nearness to market
D Ownership
E Nature of business

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Question 519:

Agents who link buyers with sellers receive?

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A Factorage
B Brokerage
C Bonus
D Interest
E Premium

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Question 520:

Which of the following is not a feature of supermarkets?

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A Standard shop fronts
B Self service
C Use of trolleys
D Small number of sales assistants
E Stocking mainly food items

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