What is the owners’ equity?
A. N 250 000 B. N 300 000 C. N 420 000 D. N 200 000 Correct Answer: Option A – N 250 000
Public debt management is one of the functions of a?
A. merchant bank B. central bank C. commercial bank D. development bank Correct Answer: Option B – merchant bank
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
A. a debenture B. a bond C. a term loan D. an overdraft Correct Answer: Option A – a debenture
Money can simply be referred to as a?
A. medium of exchange B. means for the settlement of debts C. durable assets for doing business D. standard of value Correct Answer: Option A – medium of exchange
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
A. Securities and Exchange Commission B. Nigerian Stock Exchange C. Nigerian Deposit Insurance Company D. Central Bank of Nigeria Correct Answer: Option A – Securities and Exchange CommissionProducts
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