Jamb Commerce Past Questions and Answers

Question 1331:

• JAMB 2018

What is the difference between current assets and current liabilities?

A. Working capital
B. Nominal capital
C. Capital employed
D. Issued capital

Question 1332:

• JAMB 2018

An arrangement by independent firms to share the market of their products on quota basics Is referred to as

A. Cartel
B. Syndicate
C. Trust
D. Integration

Question 1333:

• JAMB 2018

When does production ends?

A. When the goods are distributed to the wholesalers
B. When the goods reaches the retailer
C. When the goods reaches the final consumers
D. When the goods are fully packaged

Question 1334:

• JAMB 2018

The main objective of corporate mergers is to?

A. Minimize the effect of taxation
B. Increase financial advantage
C. Facilitate profit maximization
D. Enhance economies of scale

Question 1335:

• JAMB 2018

Rights issue means the?

A. Issue of shares to the directors of a company.
B. Issue of shares by a company only to the founders of the company
C. Right of shareholders to vote on any issue
D. Issue of shares to shareholders on favorable terms