NECO SSCE COMMERCE OBJECTIVE 2023 PAST QUESTION

NECO SSCE COMMERCE OBJECTIVE 2023 PAST QUESTION
NECO SSCE COMMERCE OBJECTIVE 2023 PAST QUESTION


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About NECO SSCE

Full meaning of NECO SSCE

N - National
E - Examinations
CO - Council
S - Senior
S - School
C - Certificate
E - Examination

What is NECO SSCE

The National Examinations Council (NECO) Senior School Certificate Examination (SSCE) examination is done by students who just finished senior secondary school. It was the first federal body in Nigeria to provide academic candidates with discounted registration and it was ordered to assume the National Board of Education Measurement's duties (NBEM). The Senior Secondary Certificate Examination and the General Certificate in Education are conducted by National Examinations Council (NECO) every June/July and December/January of the year, respectively.

For more information, you can visit the NECO official website

How to check NECO SSCE Result

To check your NECO SSCE result, check the easy steps given in this post where we explained in detail step by step how you can check your NECO result online. Click here to check easy steps to check NECO result online

About COMMERCE

Commerce focuses on the study of trade and business activities such as buying and selling of goods and services, as well as the support systems that enable these transactions. It serves as a bridge between producers and consumers, helping to distribute goods and services efficiently.

Important Topics In COMMERCE

  • Introduction to Commerce
  • Trade (Home and Foreign Trade)
  • Aids to Trade
  • Business Units (Forms of Business Ownership)
  • Business Documents
  • Office Practice
  • Business Environment
  • Marketing and Advertising
  • Insurance
  • Banking
  • Warehousing
  • Transportation
  • Consumer Protection
  • E-Commerce and Technology in Business
  • Foreign Trade and Balance of Payments
  • Entrepreneurship
  • Occupation and Economic Activities
  • Channels of Distribution
  • Business Finance and Capital
  • Stock Exchange Market

Importance of Past Questions

Past questions are important in your studies to help you have an insight of how the exam looks like and how to face questions related to different topics covered in the subject examination to be taken

Excerpts From NECO SSCE COMMERCE OBJECTIVE 2023 Past Questions

1. Selling a product to the buyer who pays the highest price is ?
    A. auctioning. 
    B. forward sale. 
    C. hire purchase. 
    D. marketing. 
    E. tendering. 

2. A letter of enquiry is usually written by the 
    A.  agent to transporter.
    B. buyer to seller.
    C. seller to buyer.
    D. seller to transporter.
    E. transporter to seller.

3. Customer services can be sub-divided into ?
    A. occasional and on-the-spot delivery. 
    B. packaging and labelling. 
    C. personal and special. 
    D. pre-sales and after-sales. 
    E. special and home delivery. 

4. Commercialization is concerned with ?
    A. dissolution of government enterprises. 
    B. foreign ownership of companies. 
    C. ownership of companies by citizens. 
    D. running of government enterprises with profit motive. 
    E. taking over of pnvate enterprises by government. 

5. The document sent by the seller to the buyer to correct error of undercharge is_ note. 
    A. advice 
    B. credit 
    C. debit 
    D. delivery 
    E. promissory

6. The commonest means of settling business transactions in Nigeria is ?
    A. bank draft. 
    B. bank note. 
    C. bearer cheque. 
    D. credit card. 
    E. credit transfer. 

7. The combination of mental and physical efforts in production simply defines ?
    A. entrepreneurship. 
    B. labour. 
    C. organizing. 
    D. planning. 
    E. specialization. 

8. Sales promotion is mostly used to ?
    A. introduce a new product to the market. 
    B. market hardwares to companies. 
    C. sell luxury goods. 
    D. sell only consumable products. 
    E. sell products in rural areas only. 

9. Mining of minerals belongs to occupation ?
    A. commercial
    B. constructive
    C. extractive
    D. manufacturing
    E. tertiary 

10. The actual cash and assets used in running a business are known as ?
     A. capital employed. 
     B. fixed assets. 
     C. liquid assets. 
     D. loan capital. 
     E. working capital. 

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