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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 156:

the production of goods in anticipation of demand is made possible by?

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A Packaging
B Warehousing
C Branding
D Advertising
E Transporting

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Question 157:

total sales less total returns inwards is called?

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A Purchases
B Net profit
C Gross profit
D Average stock
E Net sales

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Question 158:

which of the following currencies does/do not belong to any country within the ECOWAS?

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A Naira and kobo
B Dalasi
C Cedis and pesewas
D Leo
E Kwasha and shilling

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Question 159:

which of the following is not a means of raising capital by a promoter?

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A Goodwill
B Borrowing
C Selling of shares
D Selling real assets
E Past savings

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Question 160:

which of the following is a feature of co-operative society?

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A Dividend is based on the number of shares sold
B Limited membership
C Owned and run by the state
D Democratic controll and management
E Voting rights are not equal

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