Waec Commerce 2018 Past Questions and Answers

Question 51:

• WAEC 2018

The minimum lending rate of a bank is a component of its

A. Current assets
B. Debit balances
C. Credit balance
D. Fixed assets

Question 52:

• WAEC 2018

(a) List and explain two factors that limit the application of division of labour.
(b) Enumerate two disadvantages of division of labour.
(c) Discuss five advantages of division of labour.

Question 53:

• WAEC 2018

(a) Discuss any five factors to be considered by Mr. Touray in locating his shop.
(b) Explain five ways a wholesaler can aid Mr. Touray's business.

Question 54:

• WAEC 2018

In a tabular form, state the differences between public enterprise and public company.

Question 55:

• WAEC 2018

(a) Draw up an organisational chart of Adama's Pure Water Production Ltd.
(b) Briefly state two functions each of the following departments of the company:
(i)Accounts (ii) Administration (iii) Marketing (iv) Production