2009 NECO SSCE Commerce Past Questions

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2009

An electronic system of communication which serves as the international information bank is called

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A hire purchase transaction becomes a sale when the hirer

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The price of an item is N 300 with a trade discount of 20%, What is the selling price?

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An association of two or that each cannot handle alone is

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The quickest and most accurate means of communication is

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The major advantage of using a vending machine is that

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A system in which a group of persons are appointed to carry out special duties of policy and decision-making is referred to as the

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Personal selling is important to a business because it can be used to

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A non-insurable risk is exemplified by

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One objective of privatization is the

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One of the primary functions of the thrift, credit and loans cooperative society is to

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A major disadvantage of the mainframe computer is its

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Sole proprietors finance their businesses through

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An element of the marketing mix that is concerned with feature and quality is

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The factors responsible for large scale production of durable goods are

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The branding of manufacturers goods aids

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A mutual compromise between the central bank and other banks on strategies for economic activities is reached through

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The contribution of a department towards the attainment of corporate goals is its

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Information and communication technology is advantageous to the banking industry because

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The individuals who conceive the idea of a company and undertake to fulfill the legal requirements for the venture are the

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