Commerce Exam Past Questions and Answers | JAMB, WAEC and NECO

Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.

• Question 1041:

  A self-contained chunk of code with principal aim to replies preferably undetected and to copy itself into the computer's memory and the computer's hard-disk is_________

  Options:
  A) Hardware
  B) Software
  C) Computer remedies
  D) Virus
  Show Answer
  The correct answer is D .
• Question 1042: Which part of the computer system does the keyboard device belong to? Options:
  A) Output unit
  B) Logic unit
  C) Input unit
  D) Control unit
  Show Answer
  The correct answer is C .
• Question 1043: Which of the following best describes the classification of computer? Options:
  A) Mini-computer, speed and size
  B) Micro-computer, cost and abilities
  C) Mini-computer, Micro-computer and work station
  D) Mini-computer , hybrid and digital
  Show Answer
  The correct answer is C .
• Question 1044: Which of the following is a matter of personal preference on the part of a superior officer? Options:
  A) Unity of command
  B) Span of control
  C) Delegation of anthority
  D) Unity of direction
  Show Answer
  The correct answer is C .
• Question 1045:

  Nigerian Police Authority

  Options:
  A) Nigerian Police Authority
  B) Nigerian Ports Authority
  C) National Ports Authority
  D) National Police Authority
  Show Answer
  The correct answer is B .
• Question 1046: A firm that disposes its wastes properly is discharging its? Options:
  A) community responsibility
  B) evironmental responsibility
  C) civic responsibility
  D) social responsibility
  Show Answer
  The correct answer is B .
• Question 1047:

  The rate where a country's exports exchange for its imports is called

  Options:
  A) terms of trade
  B) balance of trade
  C) terms of payments
  D) balance of payments
  Show Answer
  The correct answer is A .
• Question 1048: What is the role of the capital market in the privatization exercise in Nigeria? Options:
  A) Selling the shares and stocks of the companies to be privatized
  B) Encouraging private companies to participate in the exercise
  C) Negotiating with individuals who want to buy public companies
  D) Advertising for governement
  Show Answer
  The correct answer is A .
• Question 1049:

  The process of converting a non-profit making organisation to a profit-making business is

  Options:
  A) commercialisation
  B) deregulation
  C) indigenisation
  D) privatisation
  Show Answer
  The correct answer is D .
• Question 1050: One of the obligations of an employer to an employee is to? Options:
  A) indemnify him against liabilities incurred on duty
  B) award scholarship to his children
  C) terminate his appointment without prior notice
  D) indemnity himagainst injuries caused through negligence
  Show Answer
  The correct answer is A .