Commerce

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

4 years ago

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…

4 years ago

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…

4 years ago

An essential factor for evaluating the different sources of funds for a business is the?

A. decree establishing the business B. ownership structure of the business concern C. size and the type of the business…

4 years ago

A source of short-term finance to companies is?

A. share capital B. debentures C. retained earnings D. corporate tax Correct Answer: Option C - retained earnings

4 years ago

Banks are engaged in the business of buying and selling of?

A. bills of exchange B. instruments of credit C. intangible products D. land Correct Answer: Option A - bills of…

4 years ago

The most widely used computer language that focuses on solving science-oriented problems is?

A. FORTRAN B. BASIC C. ADA D. COBOL Correct Answer: Option A - FORTRAN

4 years ago

The protection of consumers against exploitation by manufacturers is to ensure?

A. that there are varieties of product B. that the right quality of goods and services is sold C. increase…

4 years ago

The market structure; business conditions and financial system in Nigeria constitute the?

A. economic environment B. political environment C. cultural environment D. technological environment Correct Answer: Option A - economic environment

4 years ago

The device which interprets and carries out the instructions presented to it by the computer program is known as?

A. software B. microprocessor C. mouse D. hard-disk Correct Answer: Option B - microprocessor

4 years ago