Search SchoolNGR

Thursday, 12 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 1211:
In which of the following do shareholders always vote according to their shareholdings?
  • A Partnership
  • B Cooperative society
  • C Public limited company
  • D Public corporation
View Answer & Explanation
Question 1212:
A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?
  • A N90,000
  • B N60,000
  • C N54,000
  • D N36,000
View Answer & Explanation
Question 1213:
A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?
  • A N90,000
  • B N60,000
  • C N54,000
  • D N36,000
View Answer & Explanation
Question 1214:
The rate of turnover of a company in a given year is 4 times while the average stock is N12,4OO. What is the turnover of the company?
  • A N49,600
  • B N24,800
  • C N6,200
  • D N3,100
View Answer & Explanation
Question 1215:
Which of the following is an advantage of large scale retailing?
  • A Decline in personal service
  • B Pilfering
  • C High overhead cost
  • D One-stop shopping
View Answer & Explanation