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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1016:

The total value of fixed and current assets is?

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A Working capital
B Capital employed
C Fixed capital
D Capital owned

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Question 1017:

Which of the following is true about cumulative preference shares?

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A Unpaid dividends are carried forward
B Shareholders can secure capital refund on demand
C Shareholders are entitled to further share of profit
D Dividends are paid into a special account

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Question 1018:

Which of the following is true about cumulative preference shares?

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A Unpaid dividends are carried forward
B Shareholders can secure capital refund on demand
C Shareholders are entitled to further share of profit
D Dividends are paid into a special account

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Question 1019:

A debenture is mortgaged when it is?

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A Not secured on the the assets of a company
B Secured on the assets of a company
C Irredeemable
D Redeemable

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Question 1020:

A retail outlet which sells a fairly narrow range of goods with a number of branches in different towns is a?

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A Supermarket
B Mail-order shop
C Mobile shop
D Multiple shop

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