Commerce 2016 Waec Past Questions and Answers

Question 11 :

• WAEC 2016

lack of permanent record for the message reciever is a disadvantage of?

A. Television
B. Direct mail
C. Cataloque
D. Magazine

Question 12 :

• WAEC 2016

which of the following occupations are classified under the extractive industry
(i) cattle rearing, lumbering and farming
(ii) mining, quarrying and hunting
(iii) ship building, road construction and iron bending
(iv) singing, dancing and tailoring

A. I and iii only
B. I, ii and iv
C. I and ii
D. Ii, iii and iv

Question 13 :

• WAEC 2016

which of the following allows a drawer of a document to correct any error

A. C.I.F
B. I.O.U
C. C.W.O
D. E.O.E

Question 14 :

• WAEC 2016

use the following information relating to Bala enterprises to anwser the question

	N
premises	32,000
motor vehicle	15,000
debtors	15,000
stock	20,000
creditors	10,000

The value of current assets is?

A. N35,000
B. N32,000
C. N25,000
D. N10,000

Question 15 :

• WAEC 2016

use the following information relating to Bala enterprises to anwser the question

	N
premises	32,000
motor vehicle	15,000
debtors	15,000
stock	20,000
creditors	10,000

what is the value of working capital

A. N47,000
B. N35,000
C. 25,000
D. 10,000