POST UTME CALEB UNIVERSITY 2025 Commerce | Objective
Practice these randomly selected questions to test your readiness.
Question 1
A company is considering exporting its products to a foreign market. The company's export price is ₦1,200,000, and the foreign market's price is ₦1,500,000. If the company's transportation cost is ₦200,000, what is the company's export profit?
Question 2
A consumer is considering purchasing a product that has a price of ₦500. However, the consumer is also considering the cost of transportation to the store, which is ₦100. What is the total cost of the product to the consumer?
Question 3
A company's sole trader has a warehouse with a capacity of 10,000 units. If the company's average stock level is 8,000 units, what is the probability that the stock level will exceed 9,000 units?
Question 4
A sole trader has a business income of ₦500,000 and a personal income of ₦200,000. What is the total tax liability?
Question 5
A sole trader is a type of business ownership where one person owns and is responsible for the business
Question 6
A firm's insurance policy has a deductible of ₦5,000. If the firm's annual premium is ₦50,000, what is the expected value of the insurance policy?
Question 7
A company's financial statements include the balance sheet, income statement, and cash flow statement. Which statement provides information on a company's liquidity and solvency?
Question 8
In a perfectly competitive market, what is the relationship between the marginal revenue product of labor and the market wage?
Question 9
A company's marketing mix consists of product, price, place, and promotion. Which of the following is NOT a component of the marketing mix?
Question 10
A company's marketing strategy involves identifying and targeting a specific market segment. What is the main advantage of targeting a specific market segment?
Question 11
A company uses the weighted average cost of capital (WACC) method to evaluate investment projects. If the WACC is 12% and the project's expected return is 15%, what is the expected return on investment?
Question 12
A company is considering launching a new product line. The product's expected profit is ₦1,500,000, and the initial investment is ₦2,000,000. If the company's cost of capital is 12% per annum, what is the internal rate of return (IRR) of the project?
Question 13
A firm specializes in producing two goods, A and B, using two inputs, labor and capital. The production functions for A and B are given by the following equations: A = 2L + 3K and B = 4L + 2K, where L is labor and K is capital. If the firm has 10 units of labor and 8 units of capital, what is the opportunity cost of producing one more unit of good A?
Question 14
A company is considering two different marketing strategies. Strategy A involves a high level of advertising and a low level of sales promotion. Strategy B involves a low level of advertising and a high level of sales promotion. If the company has a budget of ₦100,000, which strategy should it choose?
Question 15
A firm is considering two different marketing strategies for its new product. Strategy A involves a ₦500,000 advertising campaign, while Strategy B involves a ₦750,000 advertising campaign. If the firm's expected sales revenue is ₦3,000,000, what is the break-even point for each strategy?
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