Jamb Commerce 2006 Past Questions and Answers

Question 11:

• JAMB 2006

The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?

A. Span of control
B. Delegation of authority
C. Chain of command
D. Authority and rsesponsibility

Question 12:

• JAMB 2006

A seller attracts and retains patronage by?

A. Enhancing public relationship
B. Enhance sales promotion
C. Rendering pre-sales services
D. Rendering customer service

Question 13:

• JAMB 2006

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

A. A long-term loan
B. A develoment bond
C. A redeemable bond
D. An irredeemable bond

Question 14:

• JAMB 2006

A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.
If the shares were fully subscribed, calculate the issued capital?

A. N4 000 000
B. N2 000 000
C. N1 000 000
D. 500 000

Question 15:

• JAMB 2006

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 growth and development
D. Guranteeing dividends to shareholders