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WAEC COMMERCE OBJECTIVE 2023 PAST QUESTION

WAEC COMMERCE OBJECTIVE 2023 PAST QUESTION
WAEC COMMERCE OBJECTIVE 2023 PAST QUESTION


Do you need the West African Senior School Certificate Examination (WASSCE) COMMERCE Past Questions for Free? If Yes, you are in the right place, we provide complete WAEC past questions for download on our website.

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Table of Content

About WAEC

Full meaning of WAEC

W - West
A - Africa
E - Examination
C - Council

What is WAEC

The West African Examinations Council (WAEC) is an organization established by legislation to determine whether examinations are required for the public welfare in the English-speaking countries of West Africa., to administer the exams, and to issue certificates that are on par with those issued by comparable examining authorities internationally. The West African Examinations Council was founded in 1952, and its mission is to be a premier examination organization that advances the educational objectives of all its stakeholders.

For more info, you can visit: WAEC official website

How to check WAEC Result

To check your WAEC result, check the easy steps given in this post where we explained in detail step by step how you can check your WAEC result online. Click here to check easy steps to check WAEC 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 WAEC COMMERCE OBJECTIVE 2023 Past Questions

Now, answer the following questions. 
1. Buying and selling products through a network of digital devices is ?
    A. e-transfer. 
    B. e-payment. 
    C. e-mail. 
    D. e-commerce

2. Which of the following is not a factor of production ? 
    A. Staffing 
    B. Land 
    C. Labour 
    D. Capital  

3. Industrial, commercial and service arc types of ?
    A. specialization. 
    B. occupation. 
    C. manufacturing. 
    D. extraction. 

4. The reward for capital is ?
    A. rent. 
    B. profit. 
    C. interest. 
    D. dividend. 

5.  A document in which the internal regulations of a company arc stated is ?
    A.      Partnership Deed. 
    B.      Memorandum of Association. 
    C.      Certificate of Incorporation. 
    D.      Articles of Association. 

6. A business that can obtain capital through the sale of shares is a ?
    A. sole proprietorship. 
    B. public corporation. 
    C. public company. 
    D. cooperative society. 

7.  A problem associated with barter is ?
    A. clinically in collecting debt. 
    B. inability to measure what is to he exchanged. 
    C. inability to produce enough goods. 
    D. poor road network delaying transportation of goods. 

8. Dissolution ot a partnership could arise from ?
    A. fall in output. 
    B. death of a member. 
    C. non access to capital. 
    D. increase in market share. 

9.  A source of capital to a cooperative society is ?
    A. contribution. 
    B. debenture. 
    C. ordinary share. 
    D. retained profit. 

10. Which of the following activities docs not belong to the extractive industry ? 
    A. Barbing 
    B. Drilling 
    C. Farming 
    D. Mining 

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NAME:WAEC COMMERCE OBJECTIVE 2023
YEAR: 2023
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