WAEC QUESTIONS CONTD

COMMERCE 101 Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started....... 1. A Shop Repairer is engaged in a? a. Service Occupation b. Manufacturing c. Extractive Occupation d. Commercial Occupation. 2. The goods that are used for the Production of other goods are known as? a. Commercial...

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ECONS 101

ANSWERS TO REVISION QUESTIONS Hello World, Happy Holiday to you all and Happy Friday and Happy Weekend. Its alot of Happy Points for Us this Season Guyz. Lolz- Hope this Holiday is Fun for You and All Your Loved Ones. It is Well in Jesus Name. Well for some weeks now, we have dealt solely on revision Questions gotten from WAEC Past Questions and Today we will try to Answer them, Hope you all tried them cos thats the only way you can truly be sure of your performance. Alright Let's get Started......... 1. C- How to Produce. 2. C- Balance...

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FINANCIAL ACC 101

ANSWERS TO REVISION QUESTIONS Hello World, Happy Holiday to you all and Happy Friday and Happy Weekend. Its alot of Happy Points for Us this Season Guyz. Lolz- Hope this Holiday is Fun for You and All Your Loved Ones. It is Well in Jesus Name. Well for some weeks now, we have dealt solely on revision Questions gotten from WAEC Past Questions and Today we will try to Answer them, Hope you all tried them cos thats the only way you can truly be sure of your performance. Alright Let's get Started......... 1.  B- Cash book.              ...

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COMMERCE 101

ANSWERS TO REVISION QUESTIONS Hey Everyone, How you doing. LOLZ, I hope this wasn't hard to figure out. I hope it was easy to get the answers to the Questions we had this past weeks. It's fun to test ourselves and know where to improve on and what we are really good at. Today, we are answering them together, So Good luck!!!! 1. B- Distribution and Exchange of Goods and Services. 2. B- Assists in Raising Capital. 3. B- Creation of Utilities. 4. C- Labour. 5. D- Extractive Occupation. 6. C- Packaging. ...

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ECONS 101

REVISION QUESTIONS Hey Readers, Thank God Its Friday Again!!!!... It's always the Feeling of Friday, The Feeling of Now i can Relax, so before we do, lets revise some questions in the spirit of Holiday. We are continuing the Revision of Questions of WAEC, JAMB, GCE etc. So Let's get Started.... 37. The Differences between Birth Rate and Death Rate is known as ? a.  Demographic Transition b. Natural Growth Rate c. Migration Rate d. Fertility Rate. 38. Mr Okpoti has Meat and wants Maize, while Mr Adama has Maize and wants Meat. ...

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FINANCIAL ACC 101

REVISION QUESTIONS Hey Everyone, Happy Holiday to you. I guess i would say this till the end of the Holiday Period. So once again Happy Holiday Season and Happy Summer to those of us Aboard. Have Fun and be Joyful but don't displease God in the process cos He's the reason you can have fun-Be Blessed. So in the Spirit of Holiday we are continuing revising all WAEC, JAMB & GCE Questions we can find to keep our mind fresh and in tune that way we are ready when schools resume again, so let's get started........ 36. Which of the following...

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COMMERCE 101

WAEC QUESTIONS CONTD Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started....... 37. Which of the Following receives Dividend based on Patronage? a. Preference Shareholder b. Co-operative Society Member c. Cumulative Preference Shareholder d. Debenture Holder. 38. If a Customer opens...

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ECONS 101

REVISION QUESTIONS Hey Readers, Thank God Its Friday Again & lAST dAY OF THE mONTH OF jULY!!!!... It's always the Feeling of Friday, The Feeling of Now i can Relax, so before we do, lets revise some questions in the spirit of Holiday. We are continuing the Revision of Questions of WAEC, JAMB, GCE etc.  So Let's get Started.... 25. The Difference between the Number of Immigrants and Emigrants is? a. Natural Growth Rate b. Natural...

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FINANCIAL ACC 101

REVISION QUESTIONS Hey Everyone, Happy Holiday to you. I guess i would say this till the end of the Holiday Period. So once again Happy Holiday Season and Happy Summer to those of us Aboard. Have Fun and be Joyful but don't displease God in the process cos He's the reason you can have fun-Be Blessed. So in the Spirit of Holiday we are continuing revising all WAEC, JAMB & GCE Questions we can find to keep our mind fresh and in tune that way we are ready when schools resume again, so let's get started........ 24. In the Balance Sheet,...

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COMMERCE 101

WAEC QUESTIONS CONTD Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started....... 25. Information requested from a Bank Concerning the Credit worthiness of a New Customer to a Business is a. Private Enquiry b. Status Enquiry c. General Enquiry            ...

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ECONS 101

REVISION QUESTIONS Hey Readers, Thank God Its Friday Again!!!!... It's always the Feeling of Friday, The Feeling of Now i can Relax, so before we do, lets revise some questions in the spirit of Holiday. We are continuing the Revision of Questions of WAEC, JAMB, GCE etc. So Let's get Started.... 13. If a Particular Consumer derives Total Utility of 22Utils having Consumed 4 units of a given product, his average Utility will be a. 88 Utils b. 18 Utils c. 5.5 Utils d. 3.5 Utils. 14. The Law of Diminishing Marginal Utility applies to...

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FINANCIAL ACC 101

REVISION QUESTIONS Hey Everyone, Happy Holiday to you. I guess i would say this till the end of the Holiday Period. So once again Happy Holiday Season and Happy Summer to those of us Aboard. Have Fun and be Joyful but don't displease God in the process cos He's the reason you can have fun-Be Blessed. So in the Spirit of Holiday we are continuing revising all WAEC, JAMB & GCE Questions we can find to keep our mind fresh and in tune that way we are ready when schools resume again, so let's get started........ 13. Which of the Following...

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COMMERCE 101

WAEC QUESTIONS CONTD Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started....... 13. The Main Purpose of Sending Delivery Notes along with Goods is to a. Enable the Goods to be Checked on Arrival b. Enable the Buyer to Pay the Correct Delivery Charges c. Ensure the Safe Delivery of the Goods d....

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ECONS 101

REVISION QUESTIONS Hey Readers, Thank God Its Friday!!!!... It's always the Feeling of Friday, The Feeling of Now i can Relax, so before we do, lets revise some questions in the spirit of Holiday.  1. Which of the Following problems arises where there are more than one technically possible methods of production? a. Where to Produce b. For Whom to Produce c. How to Produce d. What to Produce. 2. Visible Balance is also known as a. Terms of Trade b. Balance of Payments c. Balance of Trade d. Capital Balance. 3. A Shift...

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FINANCIAL ACC 101

REVISION QUESTIONS Hey Everyone, Happy Holiday to you. I guess i would say this till the end of the Holiday Period. So once again Happy Holiday Season and Happy Summer to those of us Aboard. Have Fun and be Joyful but don't displease God in the process cos He's the reason you can have fun-Be Blessed. So in the Spirit of Holiday we are revising all WAEC, JAMB & GCE Questions we can find to keep our mind fresh and in tune that way we are ready when schools resume again, so let's get started........ 1. Which of the following books of...

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COMMERCE 101

WAEC QUESTIONS Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves.  So let's get started....... 1. Commerce can be defined as the a. Exchange of Goods and Services b. Distribution and Exchange of Goods and Services c. Distribution of Services at Home d....

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ECONS 101

PUBLIC CORPORATION Hey Guyz, watsup? How are y'all doing, I hope you are great. I just had one of the most difficult week of my Life. I worked tirelessly hard on a project that was dear to my heart and it didn't just work out. So y'all have to be doing good cos my happiness clings on that, I find that so many times when am in a place of pain, the happiness of others heal me alot- I could just see and hear a good news about somebody else and immediately feel a surge of happiness come my way. so I can say I share in others happiness how much...

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FINANCIAL ACC 101

CORRECTION OF ERRORS Hey Readers, Happy New Day to you all. I know without a doubt that God has been Kind to you and all your Family members. Even though you can't really boast of anything Amazing in your Life right now, you are ALIVE!!!!. that alone is Amazing so today if you are downcast just focus on celebrating your Life and let's make the enemy Mad together. LOLZ, so let's get right to work...... In preparing a Trial Balance the both sides must be equal where by one side is greater than the other, it means there is an error. Errors...

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COMMERCE 101

BANK Hey Guyz, Hows your week going. Happy New Week and Be Blessed. So Let's Get Started!!! Bank is a financial institution, set up purposely for safekeeping of money valuable goods and documents like Wills & Others. They are institutions that create money, and give out loans to people. Types of Banks: They are different types of banks and they include: 1. Commercial Bank 2. Central Bank 3. Merchant Bank 4. Saving Bank 5. Development Bank. COMMERCIAL BANK   Commercial Banks are setup for keeping and lending money to...

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ECONS 101

STOCK & DEBENTURE Hey Guyz, Happy New Week hope the weekend was wonderful for you and your loved ones. I had a Blast myself. I Pray that this new week brings all kinds of happiness and joy your way in Jesus name- Amen. We are continuing from where we stopped last time, so let's get started..... Raising of Capital: 1. By Prospectus- By giving particulars of the company and its business, is published with application form. Shares are allotted to those who apply. 2. By Offer for Sale- The whole issue of shares is allotted to an issuing...

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FINANCIAL ACC 101

JOURNAL PROPER Hey Guys, wats happening with y'all. Hows the week going, have fun and be positive. I know sometimes it is very difficult to be but if it helps remember that God loves you very much and his son shed his blood publicly to make sure you are free and happy- so don't let the enemy win, when you are unhappy and negative he is winning. If not for yourself at least to make sure he is not happy concerning you, stay positive cos whenever you are positive he is like a mad man roaming about in anger. So upset the enemy today, lolz. Halleluya-...

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COMMERCE 101

MONEY Hey Readers, How you doing y'all? lolz- how are you, your family, school, friends, even those people you don't like too much... I pray God brings Matchless Peace and Love your way and to everyone you are related to in Jesus Mighty Name- Amen. Today we are talking about the most wanted thing in the world-Money!!!. Lolz- Let's Begin.... Money can be defined as any medium of exchange which is generally accepted by the people, in payment for goods and services or settlement of debt and at the same time as a measure or stock of value. Trade...

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ECONS 101

SHARES Hello Readers, How are you all today? It's Beautiful to be here with y'all doing this now and being a source of help to you all. I thank God everyday for meeting you all and being able to write to you and generally interact with you all. Let's Get Started..... Shares can be defined as the individual portion of the company's capital owned by shareholders. It is the interest which a Shareholder has in a company. In other words, share is a unit of capital measured by a sum of money. The Company Act defines a Share as "The Interest...

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FINANCIAL ACC 101

BANK RECONCILIATION STATEMENT CONTD Hey Everyone, Happy New Wednesday. Hope your week is going well, i hope you all are having fun???. This week shall be a week of Good news for all of you in Jesus Name- Amen. Am working on something New and Exciting and when am done y'all will know. LOLZ. I pray that God's will for your Lives come true and that you are not disappointed when you learn of it. I know that sometimes things might not turn out the way you have planned, but at the end you will be able to testify by yourself that God has been good...

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COMMERCE 101

PARTNERSHIP Hello Peepz, Hows Life? HOW ARE YOU???. Be more positive and more thankful because they are alot of people all over the world that would die to have what you have or kill to be you- so you are a STAR to someone somewhere JUST D WAY U ARE. Yes YOU!!!!. It Is Well with You in Jesus Name-Amen. Okay, Let's get straight to work!!!!. Partnership is a relationship that exists when two or more persons contribute skills or money in order to establish, own and manage business activities, with the aim of making profit. Partnership is...

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ECONS 101

PUBLIC LIMITED LIABILITY COMPANY/ JOINT STOCK COMPANY Hello Readers, How are you all today? It's Beautiful to be here with y'all doing this now and being a source of help to you all. I thank God everyday for meeting you all and being able to write to you and generally interact with you all. Let's Get Started..... A Public Limited Liability Company is defined as one which by its articles allows the public to subscribe for its shares, must have a minimum of 7 persons but no maximum number. It allows the shares to be transferred and the name...

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FINANCIAL ACC 101

BANK RECONCILIATION STATEMENT Hello Readers, Happy Wednesday to you all. How has your week been so far? It is well with all of you in Jesus name-Amen. Today you will hear Good news in Jesus name-Amen. Okay, so let's get started on our topic for today.... Bank Statement is a book prepared periodically and sent by a Bank to its Account holders, showing the transactions between the customer and the bank within a period of time. It shows a summary of the interactions between the Bank, its customer (the account holder) and others- it can be...

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