Waec Commerce Past Questions and Answers

Question 296:

• WAEC 1991

Terms of payments are quoted on the?

A. Order form
B. A device note
C. Credit note
D. Debit note
E. Invoice

Question 297:

• WAEC 1991

Who among the following is NOT a middleman?

A. A retailer
B. Broker
C. Factor
D. Consumer
E. Wholesaler

Question 298:

• WAEC 1991

The most important factor influencing the form of a business unit is?

A. Expansion possibities
B. Business intergrity
C. The amount of capital value
D. Adequate number of skilled employees
E. The number of competing firms in the industry

Question 299:

• WAEC 1991

The system of parting with authority not responsibility is known as?

A. Controlling
B. Planning
C. Delegating
D. Movtivating
E. Co-ordinating

Question 300:

• WAEC 1991

The system of parting with authority not responsibility is known as?

A. Controlling
B. Planning
C. Delegating
D. Movtivating
E. Co-ordinating