Jamb Commerce Past Questions and Answers

Question 1486:

• JAMB 2021

Communication process involves the transmission of a message over a selected channel to the

A. Encoder
B. Receiver
C. Audience
D. Sender

Question 1487:

• JAMB 2021

The instruments of credit include

A. Billboards and postal stamps
B. Payment vouchers and statement of account
C. Bills of exchange and salary voucher
D. Bills of exchange and promissory notes

Question 1488:

• JAMB 2021

The principle of span of control stipulates that?

A. The number of employees reporting to one superior should be kept to a workable maximum
B. An employee should report to only one superior
C. Managers must demand accountability from their subordinates
D. Resources have to be economized within the various divisions

Question 1489:

• JAMB 2021

The main advantage of a sole trader is the freedom to?

A. Employ anyone he likes
B. Take quick decision
C. Seek advise from any source
D. Plough all the profits

Question 1490:

• JAMB 2021

The major objective of corporate mergers is to?

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