Jamb Commerce 2013 Past Questions and Answers

Question 26:

• JAMB 2013

Money can be simply be referred to as a

A. Measure of value
B. Standard of value
C. Means of settlement
D. Durable asset for doing business

Question 27:

• JAMB 2013

Gilt-edged securities are issued mainly by

A. Individuals
B. Non-governmental organisations
C. Government
D. Multi-national companies

Question 28:

• JAMB 2013

The initial function of a manager is

A. Setting up an organisation
B. Coordinating
C. Planning
D. Provision of welfare package

Question 29:

• JAMB 2013

The most suitable organizational structure for small or medium sized enterprises is

A. Line structure
B. Staff structure
C. Committee structure
D. Functional structure

Question 30:

• JAMB 2013

In a staff-authority relationship, the opinion of a specialist in one department to another is

A. A directive
B. An advice
C. A command
D. A delegation