Commerce

Non-insurable risk include?

A. gambling B. damage to property C. death D. marine problems Correct Answer: Option A - gambling

5 years ago

Ships that sail across the ocean and operate on scheduled time tables are?

A. ferries B. ocean liners C. tramp steamers D. coastal liners Correct Answer: Option B - ocean liners

5 years ago

Calculate the rate of turnover from the information below?

Given: Sales...........................N15 000 Opening stock...................N5 600 Purchases.......................N9 700 Closing stock...................N4 400 Gross profit....................N4 500 Net profit......................N2 200 A. 3:50 times…

5 years ago

One advantage of a crossed cheque is that it can?

A. only be paid into a savings account B. be cashed over the bank's counter C. only be paid into…

5 years ago

A good financial instrument which serves as a hedge against inflation is?

A. a bond B. a share C. an opion D. a warrant Correct Answer: Option A - a bond

5 years ago

To increase the supply of money in a country; the central bank has to?

A. reduce cash ratio B. sell securities C. call on special deposits D. raise cash ratio Correct Answer: Option A…

5 years ago

The fixed and current assets of a business are called?

A. called up capital B. capital employed C. paid-up capital D. authorized capital Correct Answer: Option B - capital employed

5 years ago

The major participants in the stock market when stock prices are rising generally are the?

A. bulls B. registrars C. bears D. companies Correct Answer: Option A - bulls

5 years ago

The excess of the assets over the liabilities of a business is called?

A. working capital B. net worth C. capital employed D. initial capital Correct Answer: Option B - net worth

5 years ago

From which of the following sources can partnerships increase their capital?

A. Admission of a new partner B. Sale of shares C. Discharge of a mortgage D. initial capital Correct Answer:…

5 years ago
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