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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1576:

Which of the following is not a sales promotion method?

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A Demonstration
B Exhibition
C Free sample
D Newspaper

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Question 1577:

Working capital is

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A Current assets less total liabilities
B Total assets less total liabilities
C Current liabilities plus current assets
D Current assets less current assets

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Question 1578:

A cheque dated 30th July, 2004 but presented for payment on 28th February, 2005 is

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A Post-dated
B Crossed
C Opened
D Stale

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Question 1579:

Which of the following receives dividend based on patronage?

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A Preference shareholder
B Co-operative society member
C Cumulative preference shareholder
D Debenture holder

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Question 1580:

If a customer opens a deposit account with a bank, he will

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A Recieve a crossed cheque book
B Be given a tally
C Be given a loan
D Recieve interest

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