JAMB QUIZ QESTION

bonus shares are issued to ----------

• preference shareholders

• debenture holders

• equity shareholders

• secured shareholders

profit prior to incorporation is treated as---------

• capital reserve

• general reserve

• secrete reserve

• revenue reserve

A valid definition of a business purpose is to

• serve the society

• create a customer

• maximise profits

• increase the wealth of the firm

Membership of a cooperative is

• voluntary

• compulsory

• non essential

• non compulsory

which of the following is not a manufacturing industry

• flour mills

• fruit canning

• iron and steel works

• mining

sole trade organisation is also called

• partnership

• individual proprietorship

• cooperative society

• joint stock company

which of the following is an extractive industry?

• hunting

• flour mills

• cattle breeding

• forest cultivation

what is called to buying of shares by taking money from brokers

• forward

• badla

• margin trading

• curb dealing

the primary aim of cooperative is to

• earn more profit

• raise more money

• raise production

• serve the members

business simply means ---------

• commerce

• industry and commerce

• selling and buying of goods

• trade and commerce