Jamb Commerce Past Questions and Answers

Question 1481:

• JAMB 2021

Use the information below to answer this question
A B C Balance Sheet as at 31/12/2004

₦Share capital 200,000Reserves 100,000Long term liabilities 40,000Current liabilities 30,000 370,000

₦Fixed assets 180,000Investment 100,000Current assets 50,000Fictitious assets 40,000 370,000

What is the capital employed?

A. ₦ 340,000
B. ₦ 200,000
C. ₦ 300,000
D. ₦ 170,000

Question 1482:

• JAMB 2021

A distinctive advantage of GSM is its

A. Cost
B. Stability
C. Coverage
D. Mobility

Question 1483:

• JAMB 2021

A form of money that has gone out of use is

A. Paper money
B. Commodity money
C. Foreign money
D. Bank money

Question 1484:

• JAMB 2021

The activities aimed at finding customers needs and satisfaction can be described as

A. Conceptual marketing
B. Macro-marketing
C. Socio-marketing
D. Micro-marketing

Question 1485:

• JAMB 2021

Given: I. Retail II. Export III. Transport IV. Import V. Insurance VI. Banking and finance VII. Wholesale VIII. Communication. which of the above are aids to trade?

A. III, V, VI and VIII
B. I, II, III and VI
C. III, V, VI and VIII
D. II, V, VI and VII