JAMB Commerce Past Questions & Answers - Page 171

851.

The process of mobilizing, engaging and maintaining workers to work for an organization is referred to as?

A.

staffing

B.

selection

C.

recruitment

D.

employment

Correct answer is A

No explanation has been provided for this answer.

852.

The total of share capital which a company should be allowed to issued is known as?

A.

called-up capital

B.

paid-up capital

C.

nominal capital

D.

issued capital

Correct answer is C

No explanation has been provided for this answer.

853.

A contract for the sale of goods involved the?

A.

producer, seller and the buyer of goods

B.

offering of goods to customers

C.

transfering of the title to goods for money

D.

exchange of goods

Correct answer is C

No explanation has been provided for this answer.

854.

A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?

A.

public liability company

B.

joint venture company

C.

limited company

D.

registered company

Correct answer is D

No explanation has been provided for this answer.

855.

An important principle of a good organization structure is

A.

ideal standard

B.

span control

C.

clarity of mission

D.

adequacy resources

Correct answer is B

No explanation has been provided for this answer.