Occupations Generix Content - Occupations
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"Occupations" question number distribution across years
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WAEC questions for "Commerce :: Occupations"
Q1
Those who are engaged in exploiting natural resources are in
A
commercial occupation.
B
constructive occupation.
C
manufacturing occupation.
D
extractive occupation.
E

Answer: D

Occupations
Q2
Which of the following is not a function of an entrepreneur?
A
Co-ordination
B
Risk bearing
C
Entertaining
D
Making decision
E

Answer: C

Occupations
Q3
Which of the following advertising media combines the advantages of both sight and sound?
A
Television.
B
Radio.
C
Neon sign.
D
Billboard.
E

Answer: A

Occupations
Q4
One disadvantage of advertising to the consumer is that it
A
brings confusion on the choice of goods.
B
increases demand.
C
persuades the public to buy what they need.
D
decreases cost of goods.
E

Answer: A

Occupations
Q5

A group of musicians can come together to form a

A

chamber of commerce

B

public corporation

C

trade association

D

trade union

E

Answer: C

Occupations
Q6
People who sell shares in anticipation of a fall in their value are called
A
bears
B
bull
C
brokers
D
jobbers
E

Answer: A

Occupations
Q7
Who among the following does not render direct service?
A
Teachers.
B
Musicians.
C
Doctors.
D
Retailers.
E

Answer: D

Occupations
Q8
Which of the following is a function of the small retailer?
A
Financing manufacturers.
B
Warehousing of goods.
C
Branding of goods.
D
Selling to customers.
E

Answer: D

Occupations
Q9
Which of the following is referred to as the oldest form of insurance?
A
Marine insurance.
B
Burglary insurance.
C
Whole life assurance.
D
Accident insurance.
E

Answer: A

Occupations
Q10
A transporter who offers to carry goods for anyone at a fee is called
A
national carrier
B
common carrier
C
a private carrier
D
an independent carrier
E

Answer: B

Occupations
Q11
House builders belong to
A
manufacturing industry.
B
constructive industry.
C
commercial occupation.
D
tertiary occupation.
E

Answer: B

Occupations
Q12
Who among the following is a middleman?
A
Manufacturer.
B
Agent.
C
Insurer.
D
Consumer.
E

Answer: B

Occupations
Q13
The term ''utmost good faith'' in insurance requires that the insured must
A
not make profit from any loss suffered.
B
receive his compensation fully in the event of loss.
C
disclose all relevant facts on what is being insured.
D
pay his premium regularly.
E

Answer: C

Occupations
Q14
Farming is an activity that falls under
A
tertiary occupation.
B
commercial occupation.
C
extractive occupation.
D
secondary occupation.
E

Answer: D

Occupations
Q15
An organization formed mainly by traders on the same line of business is known as
A
trade union.
B
cooperative society
C
trade association.
D
chamber of commerce.
E

Answer: A

Occupations
Q16
The people involved in the formation of new companies are called
A
members.
B
directors
C
shareholders
D
promoters
E

Answer: A

Occupations
Q17
Which of the following is not a commercial occupation?
A
transportation
B
Warehousing
C
Banking
D
Fishing
E

Answer: D

Occupations
Q18
Those who are engaged in exploiting natural resources are in
A
extractive occupation.
B
constructive occupation.
C
commercial occupation.
D
manufacturing occupation.
E

Answer: A

Occupations
Q19

A person who decides what to produce an combines the other factors of production is the

A

entrepreneur.

B

distributor.

C

engineer.

D

retailer.

E

Answer: A

Occupations
Q20
In which of the following classes of occupation would you place a doctor?
A
Extractive
B
Commercial
C
Direct services
D
Indirect services
E

Answer: C

Occupations
Q21
A shoe repairer is engaged in a
A
service occupation
B
manufacturing
C
extractive occupation
D
commercial occupation
E

Answer: A

Occupations
Q22
Which of the following brings about specialization?
A
Recruitment of staff
B
Division of labour
C
Business resource
D
Employer of labour
E

Answer: B

Occupations
Q23
Who among the following is not engaged in a commercial occupation?
A
a stock broker
B
an engineer
C
a banker
D
a common carrier
E
an advertising agent

Answer: B

Occupations
Q24

Extractive occupation is an example of

A

construction industry

B

manufacturing industry

C
D

primary industry

E

secondry industry

Answer: D

Occupations
Q25
Who among the following is not an agent?
A
Broker
B
Factor
C
Jobber
D
Manufacturer's representative
E
Auctioneer

Answer: C

Occupations
Q26
The compensation given to brokers who sell shares to jobbers is called
A
premium
B
commission
C
salary
D
interest
E
dividend

Answer: B

Occupations
Q27
To which of the following occupations does a broker belong
A
Extractive
B
Manufacturing
C
Commercial
D
Constructive
E
Direct service

Answer: C

Occupations
Q28
Which of the following is not the duty of an entrepreneur?
A
Provision of initial capital
B
Bearing of risks
C
Organisation of other factors of production
D
Decision on what to produce
E
Decision on the amount of tax to pay

Answer: E

Occupations
Q29
Which of these management functions involves checking performance against set standards?
A
Controlling
B
Coordinating
C
Planning
D
Directing
E
Organising

Answer: A

Occupations
Q30
Specialization is possible as a result of
A
good roads.
B
education.
C
demand for goods.
D
growth in population.
E
exchange.

Answer: E

Occupations
Q31
The position of the departmental Manger would be located in Box
A
T
B
F
C
W
D
X
E
U

Answer: D

Occupations
Q32
The position of the Accounts Clerk would be located in Box
A
F
B
T
C
V
D
U
E
X

Answer: A

Occupations
Q33
The Managing Director would be in Box
A
V
B
T
C
U
D
W
E
F

Answer: A

Occupations
Q34
Which of the following is represented by the chart?
A
Committee organization
B
Staff organization
C
Line and staff organization
D
Line organization
E
Centralised organization+

Answer: C

Occupations
Q35
Management is
A
getting things done through other people
B
the implementation of business decision
C
the number of levels in an organization
D
made up of the general manager and the employees
E
making goods available in places where they are needed.

Answer: A

Occupations
Q36
Those involved in obtaining the gifts of nature from land and sea are engaged in
A
Extractive occupations.
B
Manufacturing occupations
C
Constructive occupations
D
Commercial occupations
E
Direct services

Answer: A

Occupations
Q37
Which of the following is an example of commercial occupation?
A
Wrestling
B
Welding
C
Shipping
D
Brick laying
E
Tailoring

Answer: C

Occupations
Q38
Which of the following is not a function of management?
A
Staffing
B
Planning
C
Organizing
D
Directing
E
Distributing

Answer: E

Occupations
Q39
An actuary is the expert who
A
assesses the extent of risk sustained by an insured.
B
calculates the premium payable for an insurance policy.
C
brings client to an insurance company for a commission.
D
undertakes to cover a risk or part of it.
E
writes up insurance cover notes for the insured.

Answer: B

Occupations
Q40
Which of the following occupations come under the extractive industry? 1. Cattle-rearing, lumbering, farming. 11. Mining, quarrying, hunting. 111. Ship building, road construction, iron bending. 1V. Singing, dancing, hair dressing.
A
1, 11 and 111 only.
B
1, 11 and 1V only.
C
1 and 11 only.
D
11, 111, and 1V only.
E
1, 111 only.

Answer: C

Occupations
Q41
In which class of occupation would doctors, teachers, and entertainers be grouped?
A
Extractive
B
Industrial
C
Direct service
D
Commercial
E
Indirect service

Answer: C

Occupations
Q42
Arrange the following occupational activities in the sequence in which they are performed. I. Wholesaling II. Fishing III. Canning IV. Retailing
A
I, II, III and IV.
B
II, I, IV and III.
C
III, IV and II.
D
III, II, I and IV.
E
II, III, I and IV

Answer: E

Occupations
Q43
Which of the following is the basic function of a Personnel Department?
A
Recruiting staff
B
Organizing training for staff dependents
C
Settling disputes among trade unions
D
Processing staff salaries and wages
E
Conducting product research

Answer: A

Occupations
Q44
. Organizations licensed and authorized to deliver fast mails, and parcels are engaged in
A
courier services.
B
career services.
C
post-free services
D
haulage services.
E
transport services.

Answer: A

Occupations
Q45
In which of the following classes of occupation would you place a commerce teacher?
A
Commercial.
B
Extractive.
C
Direct Service.
D
Manufacturing.
E
Construction.

Answer: C

Occupations
Q46
Workers involved in mining, quarrying or fishing are engaged in
A
secondary production.
B
primary production.
C
tertiary production industry.
D
the manufacturing industry.
E
the construction industry.

Answer: B

Occupations
Q47
In which class of occupation would you place a taxi-driver?
A
Extractive
B
Indirect services
C
personal services
D
Primary production
E
Commercial services

Answer: E

Occupations
Q48
Which of the following is a type of marine insurance?
A
Endowment.
B
Freight.
C
Accident.
D
Fidelity.
E

Answer: B

Occupations
Q49
Management can be defined as
A
getting things done through people.
B
implementation of business decisions.
C
the number of levels in an organization.
D
the general manager and the employees.
E
decision making.

Answer: A

Occupations
Q50
From this diagram, the box marked H stands for
A
trading.
B
production.
C
occupation.
D
farming.
E
advertising.

Answer: C

Occupations
Q51
An insurance broker is involved in
A
manufacturing occupation.
B
distributive occupation.
C
commercial occupation.
D
extractive occupation.
E
constructive occupation.

Answer: C

Occupations
Q52
The practise of employing specialists in relevant occupations is a feature of
A
subsistence economy.
B
mobility of labour
C
mixed economy.
D
exchanged economy.
E
division of labour.

Answer: E

Occupations
Q53
Which of the following is not an attitude of an effective business manager?
A
Empathy
B
Subjectivity
C
Altruism
D
Objectivity
E
Self awareness

Answer: B

Occupations
Q54
The management function of anticipating the future and determining the best course of action to acheiving company objective is
A
directing.
B
organizing.
C
controlling.
D
planning.
E
consulting.

Answer: D

Occupations