JAMB Commerce Past Questions & Answers - Page 159

791.

The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?

A.

Securties and Exchange Commission

B.

Nigerian Stock Exchange

C.

Nigerian Deposit Insurance Company

D.

Central Bank of Nigeria

Correct answer is A

No explanation has been provided for this answer.

792.

An essential factor for evaluating the different sources of funds for a business is the?

A.

decree establishing the business

B.

ownership structure of the business concern

C.

size and the type of the business

D.

burden of cost and repayment

Correct answer is B

No explanation has been provided for this answer.

793.

A source of short-term finance to companies is?

A.

share capital

B.

debentures

C.

retained earnings

D.

corperate tax

Correct answer is C

No explanation has been provided for this answer.

794.

Banks are engaged in the business of buying and selling of?

A.

bills of exchange

B.

instruments of credit

C.

intangible products

D.

land

Correct answer is A

No explanation has been provided for this answer.

795.

The most widely used computer language that focuses on solving science-oriented problems is?

A.

FORTRAN

B.

BASIC

C.

ADA

D.

COBOL

Correct answer is A

No explanation has been provided for this answer.