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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 386:
Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The
  • A Nigeria Bar Association
  • B Nigeria employers' Consultative Association
  • C Nigera Medical Association
  • D Manufacturers Association of Nigeria
  • E Nigeria Union of Road Transport Workers
View Answer & Explanation
Question 387:
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
  • A Coordinating
  • B Organizing
  • C Planning
  • D Controlling
  • E Motivating
View Answer & Explanation
Question 388:
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
  • A Coordinating
  • B Organizing
  • C Planning
  • D Controlling
  • E Motivating
View Answer & Explanation
Question 389:
One of the objectives of the indigenization programmes of the Federal Government of Nigeria is to?
  • A Encouraging the use of local raw materials
  • B Maximizing local retention of profits
  • C Make Nigeria businessmen very rich
  • D Expel the foreigners from Nigeria
  • E Promote foreign trade
View Answer & Explanation
Question 390:
The sole aim of of the formation of Niger Basin Commission is to?
  • A Bring about trade liberalization in the region
  • B Ensure free movement of citizens in the region
  • C Allow free flow of information, goods and services within the region
  • D Jointly use the Niger for the over all benefit of the region
  • E Remove import duties or taxes on gods circulated within the region
View Answer & Explanation