Waec Commerce Past Questions and Answers

Question 621:

• WAEC 1995

Opening the stock plug plus purchase of less closing the stock gives?

A. The rate of turnover
B. Cost of goods sold
C. Working capital
D. Net profit
E. Gross profit

Question 622:

• WAEC 1995

(a) State any five channels of distribution for consumer goods.
(b) Explain five factors to be considered before choosing a particular channel.

Question 623:

• WAEC 1995

(a) What is Capital?
(b) Explain five types of Capital.

Question 624:

• WAEC 1995

(a) Mention and explain the four business resources.
(b) Explain four ways by which government regulates business.

Question 625:

• WAEC 1995

(a) Describe five factors that determine the choice of means of transportation for goods
(b) Explain five factors that have contributed to the growth of Commerce.