A group of assets which a business acquires with the intention of reselling them are referred to as?
A. current assets B. investment assets C. fixed assets D. intangible assets Correct Answer: Option A – current assets
A specialized institution in Nigeria that deals in capital investments in the form of stocks; share; bond and debentures is the?
A. Securities and Exchange commission B. commodity market C. Nigerian Stock Exchange D. Central Bank of Nigeria Correct Answer: Option A – Securities and Exchange commission
In international trade; documentary credit is also known as?
A. credit note B. letters of credit C. bankers’ note D. letter of hypothecation Correct Answer: Option B – letters of credit
What is the role of the capita; market in the privatization exercise in Nigeria?
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 government Correct Answer: Option A – Selling...
The shares of a company listed on the stock exchange for sale are referred to as?
A. registered shares B. deferred shares C. issued shares D. quoted shares Correct Answer: Option D – quoted sharesProducts
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