(a) State one use of each of the following:
(i) Letter of enquiry
(ii) Invoice
(iii)Advice note
(iv) Credit note
(v) Statement of account
(vi) Debit note.(b) Identify two advantages and two disadvantages of automatic ve…
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2006
(a) State five functions of a chamber of commerce.(b) Explain five functions of a trade association.
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2006
(a) List four types each of:
(i) Small scale retailers.
(ii) Large scale retailers.(b) Explain four reasons why small scale retailers survive despite the dominance of large scale retail outlets.
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2006
(a) Define marketing mix(b) Explain the term marketing concept.(c) List and describe the four elements of marketing mix.
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2006
(a) Explain seven functions of a commercial bank.(b) Explain three types of accounts that are operated in a commercial bank.
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2006
(a) What is turnover?(b) The following information relates to Mrs. Lulu, a trader. Goodsselling price
Ncost price
Nselling expenses
NBuckets
Boxes
Bournvita
Lace material4,000
5,000
6,000
12,0003,500
4,000
5,500
10,5004…
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2006
(a) Who is a common carrier?(b) State three functions of each of the following communication agents:
(i) Post Office.
(ii) Telecommunication.
(iii) Courier companies.
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2006
(a) What is non-indemnity insurance?(b) List and explain three types of life assurance policies.(c) Explain the term surrender value.
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2006
(a) State three differences between:
(i) shareholders and debenture holders.
(ii) Ordinary shares and preference shares.(b) Explain four reasons for winding up a public limited company.
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2006
(a) What is foreign trade?(b) Explain four ways by which foreign trade is different from home trade.(c) State five reasons why countries restrict foreign trade.
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2006
A transporter who offers to carry goods for anyone at a fee is called
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2006
Labour and entrepreneur are examples of
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2006
The printing of catalogs is one of the costs associated with the operation of
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2006
Which of the following does not determine the size of a business unit
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2006
The right that a debenture holder has on the earnings of a company is
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2006
A dormant partner is one who
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2006
The following information relates to Mallam Amidu Kachella for the year ended 31/12/2005.#Opening stock 4,000Purchases 16,000Sales 30,000Debtors 6,500Creditors 4,200Cash in hand 800Closing stock 5,600Bank overdraft 3,000…
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2006
Which of the following is used only in international trade?
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2006
The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is
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2006
Which of the following groups of activities are commercial services