Post Utme Commerce Past Questions and Answers

Question 26:

A major benefit a credit sale on part of supplier is ____________

A. Customers" lovalty
B. High turnover
C. High profit
D. Bad debt

Question 27:

One of the tools used by central bank to control the quantity of money in circulation is ____________

A. Taxation
B. Budget
C. Open market operations
D. Borrowing

Question 28:

Which of the following has least risk?

A. Preference share
B. Treasury bill
C. Ordinary share
D. Debenture

Question 29:

Long term fund can be secured from ____________

A. Commercial banks
B. Capital market
C. Central bank
D. Money market

Question 30:

The major factors that facilitate merchandising are ____________

A. Communication, advertising and banking
B. Trading, warehousing and production
C. Managenent, insurance and advertising.
D. Banking, insurance and transportation