WAEC Past Questions and Answers - Page 344

1,716.

Which of the following contains the complete information on goods available for sale?

A.

Invoice

B.

Delivery note

C.

Consignment note

D.

Catalogue

Correct answer is D

No explanation has been provided for this answer.

1,717.

God created light in the firmament of the heavens so that they might

A.

End the darkness that had opposed divne purpose

B.

Separate the day from the night

C.

Give light to the throne of God

D.

Illuminate the earth and the heavens purpose

E.

Bring warmth to the earth

Correct answer is D

No explanation has been provided for this answer.

1,718.

Taxes imposed on locally made goods are known as?

A.

ad valorem

B.

import duties

C.

export drawback

D.

excise duties

Correct answer is D

No explanation has been provided for this answer.

1,719.

A public limited liability company can be enter into contracts because it?

A.

has many employees

B.

has shareholders

C.

is legal entity

D.

is allowed to take out debentures

Correct answer is C

No explanation has been provided for this answer.

1,720.

Total assets minus current liabilities is equal to a company's?

A.

gross profit

B.

net profit

C.

capital owned

D.

capital employed

Correct answer is C

No explanation has been provided for this answer.