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Waec Commerce 1990 Past Questions and Answers

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Waec 1990 Commerce Past Questions

Question 6:


Which of the following does not belong to the industry?

A. Farming
B. Insuring
C. Mining
D. Drilling
E. Fishing


Question 7:


Which of the following is one of the functions of commerce?

A. Manufacturing
B. Growing of tomatoes
C. Storage of goods
D. Construction of roads
E. Car assemblying


Question 8:


Which of the following is one of the functions of commerce?

A. Manufacturing
B. Growing of tomatoes
C. Storage of goods
D. Construction of roads
E. Car assemblying


Question 9:


Opening stock.................N1000
Closing stock.................N9000
Purchases.....................N14,000
The average stock is?

A. N2000
B. N3000
C. N5000
D. N6000
E. N7000


Question 10:


Opening stock.................N1000
Closing stock.................N9000
Purchases.....................N14,000
The cost of goods sold is?

A. N6000
B. N10000
C. N42000
D. N16000
E. 20000






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