NECO SSCE COMMERCE OBJECTIVE 2024 PAST QUESTION

NECO SSCE COMMERCE OBJECTIVE 2024 PAST QUESTION
NECO SSCE COMMERCE OBJECTIVE 2024 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 2024 Past Questions


1. The buying and selling of goods and services over the internet is ?
    A. e-banking. 
    B. e-commerce. 
    C. e-communication. 
    D. e-marketing. 
    E. e-procurement. 

2. A business man who buys and sells goods between two or more countries is involved in______ trade. 
    A. entrepot 
    B foreign 
    C. home 
    D. retail 
    E. wholesale 

3. A cheque with two lines drawn across its face is called ?
    A. bank draft. 
    B. bearer cheque. 
    C. certified cheque. 
    D. crossed cheque. 
    E.  withdrawal slip. 

4. Cash on delivery is a means of payment common with ?
    A. chain stores. 
    B. cooperative society. 
    C. mail order business. 
    D. partnership business. 
    E. sole proprietorship business. 

5. Memorandum of Association is a requirement for the establishment of ?
    A. cooperative society. 
    B. limited liability company. 
    C. partnership business. 
    D. public enterprise. 
    E. sole proprietorship business. 

6. Mr. Nura collected a loan of N200,000 from First Bank Pic and paid N250,000 in return. What is the     N50,000 difference to the bank? 
    A. Bonus 
    B. Capital 
    C. Commission 
    D. Dividend 
    E. Interest 

7. The purpose of trading account is to ascertain ?
    A. gross profit or loss. 
    B. net profit or loss. 
    C. total profit. 
    D. total purchases. 
    E. total sales. 

8. A quotation is usually sent by ?
    A. agent to the transporter. 
    B. buyer to the seller. 
    C. seller to the buyer. 
    D. seller to the transporter. 
    E. transporter to the seller. 

9.  Promotion of staff in an organisation is the responsibility of ___________ department. 
    A. accounts 
    B. marketing 
    C. personnel 
    D. production 
    E. sales 

10.  Branding  is  useful  in  marketing because it gives the product ?
    A. protection. 
    B. quality. 
    C. uniqueness. 
    D. utility. 
    E. value. 

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