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Commerce Past Questions and Answers

Waec Commerce Questions

Question 81:

For continuous existence, a service oriented concern depends on?

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A Liquid assets
B Middlemen
C Patronage of consumers
D Legislation of the ruling political party
E Staff strength of the concern

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Question 82:

Which of the following is not one of the functions of warehousing?

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A Goods are avaiable where the are required
B Goods are stored until the are required
C Production takes place ahead of demand
D Changes are avoided in prices which may result from shortage and gults
E Goods are available when required

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Question 83:

Which of the following is not a problem of distribution, sales and merchandizing?

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A Transporting goods
B Trade malpractices
C Pressure of sales
D Sales force complacency
E Easy payment for purchases

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Question 84:

Which of the following shows the financial position of a business on a given date?

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A Bank statement
B Balance sheet
C Journal
D Cash book
E Trial Balance

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Question 85:

The last link in the chain of distribution is the?

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A Wholesaler
B Retailer
C Consumer
D Factor
E Advertiser

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