by Sunday | Dec 10 | Commerce JAMB
A. Food and Drug Department of the Federal Ministry of Health B. Federal High Courts in Nigeria C. Standard Organization of Nigeria D. Local Government Health Inspectors Correct Answer: Option A – Food and Drug Department of the Federal Ministry of Health...
by Sunday | Dec 10 | Commerce JAMB
A. A current liability B. An overdrawn account C. Grade to a newly opened account D. Repayable after more than a year Correct Answer: Option A – A current liability Explanation An overdraft occurs when money is withdrawn from a bank account and the available...
by Sunday | Dec 10 | Commerce JAMB
A. Skill B. Training C. Aptitude D. Interest Correct Answer: Option A – Skill Explanation Occupation is a person’s usual or principal work or business, especially as a means of earning a living; any activity in which a person is engaged Factors That...
by Sunday | Dec 10 | Commerce JAMB
A. Employees B. management C. government D. shareholders Correct Answer: Option D – shareholders Explanation In a stock corporation, non-executive directors are voted for by the shareholders and the board is the highest authority in the management of the...
by Sunday | Dec 10 | Commerce JAMB
A. Brand name B. Trademark C. copyright D. Patent right Correct Answer: Option B – Trademark Explanation A trademark, trade mark, or trade-mark is a recognizable sign, design, or expression which identifies products or services of a particular source from those...
by Sunday | Dec 10 | Commerce JAMB
A. Ad-valorem duty B. excise duty C. export duty D. quota Correct Answer: Option B – excise duty Explanation An excise duty is a type of tax charged on goods produced within the country excise duty is a percentage levied on manufacture, sale, or use of locally...