Hello Welcome to the SS1 1st Term Evaluation Test – Commerce – FREE Access (20 Questions ONLY) 1. You will attempt 20 objective questions for 10 minutes. If the time allocated (10 minutes) elapsed, assessment exercise will end and result will be displayed immediately on the screen. 2. You cannot change your answer after selection. Be sure before you select your answer. 3. Your score, questions attempted, selected answers and correct answers will be displayed on the screen after submission. A printable copy of your performance report will be emailed to your email address inbox immediately after submission. Make sure to input a working email address inside the text below. 4. You are strongly advised to work on your own. Fill the form below as they will appear on your result sheet and Click the Next Button to Begin Full Name: Name of School: email address: 1. [ Introduction to Commerce ]Hoarding is also known as ______A. billboardB. window displayC. radio advertisingD. outdoor advertising A B C D2. [ Introduction to Commerce ]Trade by barter disappeared with the introduction of _____A. international tradeB. civilizationC. moneyD. coins as medium of exchange A B C D3. [ Introduction to Commerce ]Commerce makes it possible for man to live in a _____A. complex and organised societyB. society characterised by subsistencyC. society characterised by dependencyD. simple and organised society A B C D4. [ Introduction to Commerce ]The principal branch of commerce is _____A. tradeB. banking and financeC. insuranceD. warehousing A B C D5. [ Occupation ]Commercial occupation can be grouped into _____A. banking and financeB. home trade and foreign tradeC. import and exportD. trade and aids to trade A B C D6. [ Occupation ]Into which of the following areas can occupation be divided?A. Industry, Manufacturing and TransportationB. Commercial, Industrial and ConstructiveC. Service, Commercial and IndustryD. Extractive, Assembling and Warehousing A B C D7. [ Occupation ]The three main divisions of occupation include industrial, ______ and ______A. manufacturing and servicesB. commercial and banking servicesC. commercial and servicesD. transportation and services A B C D8. [ Introduction to Commerce ]Import and export refer to _____A. retail tradeB. wholesale tradeC. foreign tradeD. home trade A B C D9. [ Introduction to Commerce ]Commerce has to do principally with ______A. buying, selling and distribution of goods and servicesB. advertising and promotion of good and servicesC. money and banking in a commercial worldD. marketing and distribution of goods and services A B C D10. [ Occupation ]Which of the following is not a commercial service?A. BankingB. HuntingC. DressmakingD. Garri processing A B C D11. [ Occupation ]A danfo driver is involved in _____A. manufacturing occupationB. commercial occupationC. distributive occupationD. extractive occupation A B C D12. [ Introduction to Commerce ]The pivot on which the wheel of commerce rotates is _____A. priceB. taxationC. tradeD. tariff A B C D13. [ Occupation ]In which service will a sole trader NOT be found?A. business consultantB. electricianC. decoratorD. PHCN A B C D14. [ Occupation ]The manufacturing of good and the provision of services that lead to the satisfaction of people's want is _____A. productionB. labourC. entrepreneurD. exchange A B C D15. [ Occupation ]The different types of occupation in which people are engaged can be grouped as ____A. Direct Services, Commercial and IndustrialB. Manufacturer, Blacksmith and IndustrialC. Industrial, Manufacturing and CommercialD. Teaching, Manufacturing and Commercial A B C D16. [ Occupation ]In which of the following classes of occupation would you place a policeman?A. CommercialB. Direct servicesC. ManufacturingD. Indirect service A B C D17. [ Introduction to Commerce ]The word "Commerce" means ______A. buying and selling of goods and servicesB. exchange and distribution of goods and servicesC. life-blood of every nationD. trade and all the services which assist trade A B C D18. [ Introduction to Commerce ]Entrepot trade refers to _____A. importing for industrial useB. importing for re-exportingC. counter tradeD. importing for domestic consumption A B C D19. [ Introduction to Commerce ]Which of the following best describes the scope of commerce?A. Buying and selling and the construction industryB. All occupational exchanges relating to industries and commercial activitiesC. Buying and selling as well as the extraction of natural resourcesD. All forms of commercial exchanges and the manufacturing industry A B C D20. [ Occupation ]The obtaining of raw materials from the land or sea is classified under _____A. commercial servicesB. extractive industryC. constructive industryD. direct services A B C DHello , Good to know you finished before allocated time (10 Minutes) elapsed. You may wish to check on any missed questions using the previous button, otherwise, you may submit by clicking the submit button. Categories: 0 Comments Leave a Reply Cancel reply You must be logged in to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.