Commerce 1994 Waec Past Questions and Answers

Question 26 :

• WAEC 1994

The coming together of firms at different stages of the production process is known as?

A. Horizontal integration
B. Vertical integration
C. Consortium
D. Cartel
E. Holding company

Question 27 :

• WAEC 1994

Who among the following is not a commercial occ?upaation

A. A stoke broker
B. An engineer
C. A banker
D. A common carrier
E. An advertising agent

Question 28 :

• WAEC 1994

The storing of goods under proper conditions until they are required is a function of?

A. Stock taking
B. Warehousing
C. Stock control
D. Merchandising
E. Blending

Question 29 :

• WAEC 1994

30 Rate of turnover is the?

A. Number of times opening stock is sold during a period
B. Rate paid by retailers for their stocks
C. Rate paid to agents forturning over their stock ata given period
D. . number of times the stock is turned over
E. Number of times average stock is sold during a period

Question 30 :

• WAEC 1994

A postal order, either crossed or open is only valid for a period of?

A. 12 months
B. 10 months
C. 8 months
D. 6 months
E. 5 months