Search SchoolNGR

Friday, 13 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 1276:
The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is
  • A Horizontal integration
  • B Vertical integration
  • C Lateral integration
  • D Joint venture
View Answer & Explanation
Question 1277:
A private company's ability to raise capital is limited because
  • A Its borrowing powers are limited
  • B Membership does not exceed 50
  • C Shares cannot be made public
  • D Of limited collateral security
View Answer & Explanation
Question 1278:
An increase in the volume of sales is also an increase in
  • A Profit
  • B Turnover
  • C Fixed assets
  • D Owner's equity
View Answer & Explanation
Question 1279:
The working capital of a firm is calculated as
  • A Current assets minus current liabilities
  • B Current liabilities minus fixed assets
  • C Value of all assets
  • D Value of issued capital
View Answer & Explanation
Question 1280:
Dividend is always expressed as a percentage of total
  • A Earnings of a business
  • B Value of shares owned
  • C Working capital
  • D Volume of business
View Answer & Explanation