2006 WAEC SSCE Commerce Past Questions

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2006

(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…

2006

(a) State five functions of a chamber of commerce.(b) Explain five functions of a trade association.   

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.

2006

(a) Define marketing mix(b) Explain the term marketing concept.(c) List and describe the four elements of marketing mix.

2006

(a) Explain seven functions of a commercial bank.(b) Explain three types of accounts that are operated in a commercial bank.

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…

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.

2006

(a) What is non-indemnity insurance?(b) List and explain three types of life assurance policies.(c) Explain the term surrender value.

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.   

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.  

2006

A transporter who offers to carry goods for anyone at a fee is called

2006

Labour and entrepreneur are examples of

2006

The printing of catalogs is one of the costs associated with the operation of

2006

Which of the following does not determine the size of a business unit

2006

The right that a debenture holder has on the earnings of a company is

2006

A dormant partner is one who

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…

2006

Which of the following is used only in international trade?

2006

2006 WAEC SSCE Commerce Past Questions

(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…

(a) State five functions of a chamber of commerce.(b) Explain five functions of a trade association.

(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.

(a) Define marketing mix(b) Explain the term marketing concept.(c) List and describe the four elements of marketing mix.

(a) Explain seven functions of a commercial bank.(b) Explain three types of accounts that are operated in a commercial bank.

(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…

(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.

(a) What is non-indemnity insurance?(b) List and explain three types of life assurance policies.(c) Explain the term surrender value.

(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.

(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.

A transporter who offers to carry goods for anyone at a fee is called

Labour and entrepreneur are examples of

The printing of catalogs is one of the costs associated with the operation of

Which of the following does not determine the size of a business unit

The right that a debenture holder has on the earnings of a company is

A dormant partner is one who

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…

Which of the following is used only in international trade?

The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is

Which of the following groups of activities are commercial services

2006 WAEC SSCE Commerce Past Questions

(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…

(a) State five functions of a chamber of commerce.(b) Explain five functions of a trade association.&nbsp; &nbsp;

(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.

(a) Define marketing mix(b) Explain the term marketing concept.(c) List and describe the four elements of marketing mix.

(a) Explain seven functions of a commercial bank.(b) Explain three types of accounts that are operated in a commercial bank.

(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…

(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.

(a) What is non-indemnity insurance?(b) List and explain three types of life assurance policies.(c) Explain the term surrender value.

(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.&nbsp; &nbsp;

(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. &nbsp;

A transporter who offers to carry goods for anyone at a fee is called

Labour and entrepreneur are examples of

The printing of catalogs is one of the costs associated with the operation of

Which of the following does not determine the size of a business unit

The right that a debenture holder has on the earnings of a company is

A dormant partner is one who

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…

Which of the following is used only in international trade?

The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is

Which of the following groups of activities are commercial services

(a) State five functions of a chamber of commerce.(b) Explain five functions of a trade association.

(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.

(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.