Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,991.

The forum for the selling and of buying of securities of small and medium companies is called

A.

Second Tier Foreign Exchange Market

B.

Foreign Exchange Market

C.

Securities and Exchange Commission

D.

Second Tier Securities

Correct answer is A

No explanation has been provided for this answer.

2,992.

Aliyu bought 100 shares at the stock market through a stockbroker. He was told the price each share was N3 cum. div. This means that Aliyu

A.

is entitled always to a cumulative dividends accruing from the shares

B.

is entitled to the next dividends due to the shares

C.

will not be entitled to the next dividends due to the shares

D.

still owes N3 on the shares which will be subtracted from the dividends

Correct answer is B

No explanation has been provided for this answer.

2,993.

The elimination of fault in a computer programme is called?

A.

console

B.

debug

C.

dump

D.

loop

Correct answer is B

No explanation has been provided for this answer.

2,994.

The three major function unit which the modern computer has are

A.

the input the processor and the output units

B.

the black box, output and input units

C.

BASIC, COBOL and output uits

D.

BASIC, the processor and PASCAL

Correct answer is A

No explanation has been provided for this answer.

2,995.

Tolu purchase goods from Yemisi and is to pay custom duties before collection. The goods are likely to be collected from.

A.

a manufacturer's warehouse

B.

a bonded warehouse

C.

an importer's warehouse

D.

a wholesaler's warehouse

Correct answer is B

No explanation has been provided for this answer.