Waec Commerce Past Questions and Answers

Question 521:

• WAEC 1994

Which of the following is an objective of indigenisation? To

A. Increase foreign participation in business
B. Attract foreign Capital
C. Help Nigerian entrepreneurs become monopolists
D. Help citizens participate fully in the economy
E. Distribute income

Question 522:

• WAEC 1994

In which of the following are the objectives of a company stated?

A. Annual Report
B. Articles of Association
C. Certificate of Incorporation
D. Certificate of Trading
E. Memorandum of Association

Question 523:

• 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 524:

• 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 525:

• 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