by Sunday | Dec 12 | Commerce JAMB
A. Natural Environment B. Cultural environment C. Economic environment D. Demographic Environment Correct Answer: Option D – Demographic Environment Explanation Demographic environment that put into consideration the composition of the population of the...
by Sunday | Dec 12 | Commerce JAMB
A. dock warrant B. Dock landing account C. Ball of sight D. Bill of landing note Correct Answer: Option A – dock warrant Explanation It is a document that shows that the goods are stored in the warehouse and it entitles the holder to take possession of the...
by Sunday | Dec 12 | Commerce JAMB
A. A redeemable bond B. An irredeemable bond C. A development bond D. A long-term loan Correct Answer: Option B – An irredeemable bond Explanation The bond is per petrol, which is until death. The issuing authority or entity pays a specific interest rate...
by Sunday | Dec 12 | Commerce JAMB
Mammy Plc, whose nominal capital is made up of 5,000,000 ordinary shares at 50K each, decide to offer 80% of it to the public and realized only 50% of the amount due. A. N4,000,000 B. N5,000,000 C. N7,500,000 D. N2,500,000 Correct Answer: Option D – N2,500,000...
by Sunday | Dec 12 | Commerce JAMB
A. Cash, work-in-progress and debtors B. Cash, Vehicles, land and building C. debtors, stocks of raw materials and fitting D. Prepayments, debtors, and equipment Correct Answer: Option A – Cash, work-in-progress and debtors Explanation Circulating capital is the...