Waec Commerce Past Questions and Answers

Question 386:

• WAEC 1992

Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The

A. Nigeria Bar Association
B. Nigeria employers' Consultative Association
C. Nigera Medical Association
D. Manufacturers Association of Nigeria
E. Nigeria Union of Road Transport Workers

Question 387:

• WAEC 1992

The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?

A. Coordinating
B. Organizing
C. Planning
D. Controlling
E. Motivating

Question 388:

• WAEC 1992

The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?

A. Coordinating
B. Organizing
C. Planning
D. Controlling
E. Motivating

Question 389:

• WAEC 1992

One of the objectives of the indigenization programmes of the Federal Government of Nigeria is to?

A. Encouraging the use of local raw materials
B. Maximizing local retention of profits
C. Make Nigeria businessmen very rich
D. Expel the foreigners from Nigeria
E. Promote foreign trade

Question 390:

• WAEC 1992

The sole aim of of the formation of Niger Basin Commission is to?

A. Bring about trade liberalization in the region
B. Ensure free movement of citizens in the region
C. Allow free flow of information, goods and services within the region
D. Jointly use the Niger for the over all benefit of the region
E. Remove import duties or taxes on gods circulated within the region