by Sunday | Jul 22 | Commerce WAEC
A. adding opening stock to purchases B. adding closing stock to sales C. subtracting returns outwards from purchases D. subtracting returns inwards from sales E. subtracting cost of goods sold from sales Correct Answer: Option E – subtracting cost of goods sold...
by Sunday | Jul 22 | Commerce WAEC
A. a debit note B. a credit note C. a consignment note D. a advice note E. a delivery note Correct Answer: Option A – a debit note
by Sunday | Jul 22 | Commerce WAEC
A. specialization B. absolute cost advantage C. comparative cost advantage D. division of labour E. scarcity Correct Answer: Option C – comparative cost advantage
by Sunday | Jul 22 | Commerce WAEC
A. visible imports exceed visible imports B. invisible exports exceed visible imports C. invisible imports exceed visible exports D. visible exports exceed visible imports E. visible exports exceed invisible imports Correct Answer: Option D – visible exports...
by Sunday | Jul 22 | Commerce WAEC
A. exchange controls B. entrepot trade C. quota D. tariffs E. counter trade Correct Answer: Option E – counter trade
by Sunday | Jul 22 | Commerce WAEC
A. Nigerian Ports Plc B. Shipping and Clearing Agents C. Federal Airports Authority of Nigeria D. Customs and Excise Authority E. Nigerian Exports Promotion Council Correct Answer: Option E – Nigerian Exports Promotion...