Commerce

Capital to a business is technically?

A. an expense B. availability of local market C. an assets D. a profit Correct Answer: Option C - an…

4 years ago

The factor which critically determines the choice of occupation is?

A. training B. skill C. interest D. aptitude Correct Answer: Option B - skill Explanation An individual's job choice is…

4 years ago

The conversion of raw materials into finished products creates?

A. form utility B. marginal utility C. place utility D. time utility Correct Answer: Option A - form utility

4 years ago

A current account is beneficial to its holder as?

A. cheques can be issued to anybody B. customers cannot withdraw frequently C. it is only the holder that can…

4 years ago

A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?

A. subsidiary company B. holding company C. trust D. cartel Correct Answer: Option B - holding company

4 years ago

Trading on the stock exchange in anticipation of price change in the market value of shares is?

A. speculation B. forecasting C. expectation D. projection Correct Answer: Option A - speculation

4 years ago

Which of the following is a development bank in Nigeria?

A. Union Bank Plc B. First Bank Plc C. First City Monument Bank D. Federal Mortgage Bank Correct Answer: Option…

4 years ago

The main requirement for admission to the second-tier securities markets is the?

A. provision of a three-year trading record B. disclosure of all trading activities C. creation of a good atmosphere for…

4 years ago

If the shares were fully subscribed; calculate the issued capital?

A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per…

4 years ago

A bond which attracts only interest but leaves the capital unpaid is referred to as?

A. a long-term loan B. a development bond C. a redeemable bond D. an irredeemable bond Correct Answer: Option A…

4 years ago