Waec Commerce 1993 Past Questions and Answers

Question 66:

• WAEC 1993

An increase in turnover is an increase in?

A. Liquid capital
B. The volume of sales
C. Current assets
D. Fixed assets
E. Owners equity

Question 67:

• WAEC 1993

New shares are offered to the public through?

A. Acceptance houses
B. The stock exchange
C. Issuing houses
D. Discount houses
E. Finance houses

Question 68:

• WAEC 1993

The main advantage of water transport is that it?

A. Is safe
B. Is slow
C. Can carry heavy goods
D. Can go long distances
E. Is owned by private firms

Question 69:

• WAEC 1993

Speed is an important consideration for the choice of a means of transport where goods are?

A. Bulky
B. Inferior
C. Fragile
D. Perishable
E. Durable

Question 70:

• WAEC 1993

Speed is an important consideration for the choice of a means of transport where goods are?

A. Bulky
B. Inferior
C. Fragile
D. Perishable
E. Durable