Neco Commerce 2009 Past Questions and Answers

Question 16:

• NECO 2009

One of the functions of the stock exchange is to ____________

A. Assist individuals in their policies
B. Provide collateral for investors
C. Provide insurance cover against risk
D. Disseminate information to investors

Question 17:

• NECO 2009

The type of advertising that influences consumer's choice of products is ____________

A. Competitive
B. Persuasive
C. Specific
D. Informative

Question 18:

• NECO 2009

The benefits that students derive from tourism are ____________

A. Education and revenue
B. Recreation and education
C. Purchase of artifacts and sightseeing
D. Sale of artefacts and relaxation

Question 19:

• NECO 2009

The transfer of risks from an insurer to another insurer for premium is referred to as ____________

A. Assurance
B. Insurance
C. Subrogation
D. Reinsurance

Question 20:

• NECO 2009

A management function which reflects effective identification and grouping of work is ____________

A. Planning
B. Organizing
C. Coordinating
D. Staffing