Question 576:

• JAMB 2003

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
D. Burden of cost and repayment

Question 577:

• JAMB 2003

The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?

A. Securties and Exchange Commission
B. Nigerian Stock Exchange
C. Nigerian Deposit Insurance Company
D. Central Bank of Nigeria

Question 578:

• JAMB 2003

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 value

Question 579:

• JAMB 2003

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 denbenture
B. A bond
C. A term loan
D. An overdraft

Question 580:

• JAMB 2003

Public debt management is one of the functions of a?

A. Merchant bank
B. Central bank
C. Commercial bank
D. Development bank