CALL Or Text Message: 08074125006
WhatsAppp US HERE : 08088442943
CLICK HERE FOR OUR ANSWERS PAGE
CLICK HERE FOR DAILY SUBSCRIPTION

Examination HelpDesk

◉ NECO 2019 ASSISTANCE ◉ 2019 WAEC ASSISTANCE
NECO IMG 

Get A1, B2, B3 In 2019 NECO [CLICK HERE]
WAEC LOGO 

Get A1, B2, B3 In 2019 WAEC[CLICK HERE].
◉ NABTEB 2019 ASSISTANCE ◉ Subjects And Price TAG
NECO IMG 

Get A1, B2, B3 In NABTEB 2019 Examination.
WAEC LOGO 

WAEC/NECO/NABTEB DAILY SUBSCRIPTION PRICE.


See More Jamb Pass Questions See All Waec Pass Questions

Exam Dealer

Latest Posts

Waec 2019 Commerce Essay And Objective Answers – May/June Expo

Message Us On WhatsApp (CLICK HERE)
Text Message Us SMS (CLICK HERE)

How to Get 2019 WAEC 2019 MAY/JUNE COMMERCE Question Paper.

Follow the steps below to get your waec may/june commerce questions and answers 1 hours before your exam time.

WAEC COMMERCE ANSWERS

===

VERIFIED-COMMERCE OBJ
1-10:DBCCAABDAA
11-20:BBADBBABAA
21-30:AACDAADCAC
31-40:DABCDBADCB
41-50:DDACACCBAC

=====

(1a)
-: Actuarial Science
-: Management
-:Chartered Accountancy (C.A)
-:Company Secretary (C.S)

1b ( choose two)
-provision of capital
-risk bearing
-Efficient management

1ci) Extractive Industry: its the process that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth.

1civ) Tertiary Industry: The tertiary industry is the segment of the economy that provides services to its consumers, including a wide range of businesses such as financial institutions, schools and restaurants. It is also known as the tertiary sector

1ciii) Manufacturing industry refers to those industries which involve in the manufacturing and processing of items and indulge in either creation of new commodities or in value

==================================

2a
-wholesale co-operative
-Retail co-perative

2c
Advantages
-Encourage of saving
-Democratic in nature
-perpetual Existence
-helps in making member’s product

Disadvantages
-problem of loan recovery
-high level of illiteracy
-low dividend..

========================

(5a)
(i)Television
(ii)Radio
(iii)Newspaper
(iv)Cinema
(v)Window display
(vi)Samples

(5b)
Personal selling can be defined as an oral presentation in a conversation with one or more potential buyers for the purpose of making sales.The aim is to inform and encourage the customer to buy or at least try the product

(5c)
ADVANTAGES:
(i)It arouses interest of buyers:This is because the buyer will be given the opportunity to ask question about the suitability of the product
(ii)It creates product awareness:The product will be popular among the customers or consumers
(iii)product information gathered from personal contact can be used to develop product preferences based on consumer needs
(iv)Personal selling enables inputs at individual level to be gathered by the company executives which non personal cannot do

DISADVANTAGES:
(i)It is a relatively expensive method of selling.This is so because high capital costs are required
(ii)It is an extremely labour intensive method:it requires a lot of labour to perform the personal selling

========================================

(6a)
Adverse or deficit balance of payment

(6b)
(i)Foreign exchange control:Foreign exchange control involves the rationing forign exchange in order to reduc balance of payment deficit
(ii)Expenditure reduction:This is used in order to cut down domestic demand and reduce imports
(iii)Expenditure switching:This involves the manipulationof exchange rates to induce people to patronize locally made goods.
(iv)Fiscal control:This involves the raising of tarriffs ie increase import duties in order to reduce balance f payment deficit
(v)Devaluation:Devaluation cheapens exports and makes imports expensive,thus improving balance of payments
(vi)Reduction of imports: The government can restricts imports by the use of tarriffs,quotas and outright embargo on imports

==============================

(7a)
– Packaging services –
Most international parcel delivery companies offer packaging services to their customers. They also ensure that your goods are packed or wrapped properly before shipping. The right type of packaging will help to protect your goods from external conditions as well as from bumps and knocks during transit.

– Door-to-door shipping –
These days, most courier companies pick up parcels from your office/residence and deliver to the recipient’s door. After hiring a courier company that offers door-to-door shipping, the need to worry about parcel delivery is completely eliminated.

– Tracking services –
This is a crucial service offered by most courier companies. With the help of GPS technology and a unique tracking number, you can know the status of your shipment at a given point of the day.

(7b)
-Advantages-
– It is relatively safer to travel by train than to travel by road transport or air transport.
– Rail transport has the ability of conveying heavy and bulky goods; it is also very cheap, safe and comfortable for passengers over a long distance.
– Rail transport provides a fast and reliable service; trains running on their own tracks can be timed to minimize the chance of congestion and delay.
– Heavy and bulky goods can be carried as well as large quantities of any cargo.

-Disadvantage-
– It involves high construction costs, maintenance costs and operating costs, this remains true whether the system is used or not.
– It can be expensive to use, especially over short distances or for small amounts of cargo.
– Rail transport is relatively slower than some other means of transport especially in Africa.
– Inflexible service since tracks cannot easily be moved and transhipment of cargo is often necessary at termini.

====
(8)
15 cartons of sweets @ N2,000 per carton
= 15 x 2000 = N30,000
25 cartons of milk @ N4000 per carton
= 25 x 4000 = N100,000
154 cartons of sugar @ N3,000 per carton
= 15 x 3000 = N45,000
17 cartons of soap @ N5,000 per carton
= 17 x 5,000 = N85,000

(i) Total cost price
= 30000
100000
45000
85000
= N260,000
Les 10% trade discount = 10% x 260,000
= N26,000
Invoice price = 26,000
– (26,000)/134,000
Less 6% cash discount (8,040)
Cash paid N125,960

(ii) mark up = profit/cost price x 100/1
Therefore 20/100 = profit/125960
Therefore gross profit = 125,960 x 20/100 = N25,192
Selling price = cost price + Gross profit
= 125,960 + 25192 = N151,152

(iii) Net profit
Gross profit – Expense
Total Expanses
Rent and rates = N3,500
Salaries and wages = N8,000
Fuel = N2,000
Electricity = N1,500
= N15,000
Net Profit = 25,192 – 15,000
= N10,192

======================================

 

====

KEEP REFRESHING

A serious Student would go vividly extreme miles to see his or her success because no one would be happy to say am going to re-write next year.

2019 WAEC COMMERCE(ESSAY ; OBJ) MAY/JUNE Expo –

CLICK ANY OF THE LINK BELOW TO VIEW QUESTIONS AND ANSWERS::NECO 2019 All Questions & Answers Direct To Your Phone As SMS [CLICK HERE TO SUBSCRIBE]

GOOD LUCK IN YOUR EXAM!

Categories: WAEC

There is love in sharing

One Response

  1. I need literature question tommorow

    by Miracle on May 14, 2019 at 8:55 pm

Leave a Reply


Exam Dealer