Waec Commerce 1991 Past Questions and Answers

Question 61:

• WAEC 1991

Which of the following are the important functions of any organization?

A. Planning, Marketing, Finance and Personnel Management
B. Planning, Organizing, Controlling and Motivating
C. Planning, Production, Controlling anf Marketing
D. Planning, Personnel, Organizing and Motivating
E. Planning, Staffing, Building and Warehouse

Question 62:

• WAEC 1991

Which of the following are elements of the economic environment of business?

A. Government policy
B. Norm and value
C. Politics
D. Inflation and unemployment
E. Family and peer groups

Question 63:

• WAEC 1991

Which of the following is not a necessary document in incorporating a company?

A. Memorandum of Association
B. Articles of Association
C. A statement of nominal capital
D. A certificate of Trading
E. A statement of minimum subscription

Question 64:

• WAEC 1991

Details of a new share for which the public is being invited to subscribe are contained in the?

A. Memorandum of Association
B. Certificate of Trading
C. Certificate of Incorporation
D. Prospectus
E. Balance sheet

Question 65:

• WAEC 1991

Which of the following accompanies goods supplied and forms a receipt when signed by the consignee?

A. Invoice
B. Order
C. Delivery note
D. Requisition note
E. Advice note