Waec Commerce Past Questions For Year 2022
Question 21
The purpose of commercialization is to
- A. make state-owned firms more efficient
- B. enable state-owned firms pay tax
- C. encourage the flow of foreign capital
- D. encourage greater participation of the private sector
Question 22
The act of removing government laws and allowing market forces to determine prices is
- A. commercialization
- B. deregulation
- C. divestiture
- D. privatization
Question 23
The law by which a seller transfers the property in goods to a buyer at an agreed price is the
- A. Weights and Measures Act
- B. Trade Description Act
- C. Sale of Goods Act
- D. Foods and Drugs Act
Question 24
An organizational chart of a company shows the
- A. arrangement of equipment in the company
- B. financial status of employees in the company
- C. geographical location of the company
- D. hierarchy of staff in the company
Question 25
The number of subordinates a head of department supervises is
- A. unity of command
- B. chain of command
- C. span of control
- D. unity of direction
