Jamb Commerce 2012 Past Questions and Answers

Question 46:

• JAMB 2012

Modern means of payment is greatly facilitated by

A. E-commerce
B. Paper money
C. E-banking
D. Credit transfer

Question 47:

• JAMB 2012

The provision of quality and safe products which guarantee the health of consumers is an example of

A. Quality control
B. Price control
C. Civic responsibility
D. Social responsibility

Question 48:

• JAMB 2012

A business organization must always consider the overall effect of its actions on the

A. Competitor
B. Product
C. Profit
D. Society

Question 49:

• JAMB 2012

If the rate of turnover of a company in 1999 was 4 times while the average stock was N 49,600, determine the turnover.

A. N 199,400
B. N 198,400
C. N100,200
D. N99,200