POST UTME SKYLINE UNIVERSITY 2025 Commerce | Objective

Practice these randomly selected questions to test your readiness.

Question 1
A production company has a production capacity of 10,000 units per day. If the company operates for 20 days, what is the total production?
A. 200,000 units
B. 150,000 units
C. 100,000 units
D. 50,000 units
Question 2
A consumer in Nigeria purchases a product from a company that is not registered with the National Agency for Food and Drug Administration and Control (NAFDAC). Which of the following is a consequence of this action?
A. The consumer can return the product for a refund
B. The consumer can sue the company for damages
C. The product is confiscated by NAFDAC
D. The consumer can be fined by NAFDAC
Question 3
A company has a warehouse with a capacity of 10,000 units. If the current inventory level is 8,000 units and the daily demand is 200 units, what is the reorder point?
A. 6,000 units
B. 7,000 units
C. 8,000 units
D. 9,000 units
Question 4
A sole trader has a business income of ₦500,000 and expenses of ₦300,000. What is the profit made by the sole trader?
A. ₦200,000
B. ₦150,000
C. ₦100,000
D. ₦50,000
Question 5
A company exports goods worth ₦10,000,000 to a foreign country. If the exchange rate is 1 USD = ₦500, how much is the export worth in USD?
A. ₦20,000,000
B. ₦10,000,000
C. ₦5,000,000
D. ₦2,500,000
Question 6
A company is considering a new marketing strategy that involves using social media to promote its products. The company has determined that the campaign will cost ₦500,000 and is expected to yield a return of ₦750,000. What is the expected return on investment (ROI) for the marketing campaign?
A. 20%
B. 25%
C. 30%
D. 35%
Question 7
A firm's marginal revenue is ₦50 per unit, and its marginal cost is ₦30 per unit. What is the profit-maximizing quantity?
A. 5 units
B. 10 units
C. 15 units
D. 20 units
Question 8
A company is considering two production processes: Process A, which involves a fixed cost of ₦100,000 and a variable cost of ₦50 per unit, and Process B, which involves a fixed cost of ₦150,000 and a variable cost of ₦30 per unit. Which process is more profitable?
A. Process A
B. Process B
C. Both processes are equally profitable
D. Neither process is profitable
Question 9
A company has a warehouse with a capacity to store 10,000 units of goods. If the company receives 8,000 units of goods, what is the percentage of the warehouse's capacity that is utilized?
A. 80%
B. 70%
C. 60%
D. 50%
Question 10
A consumer protection agency is investigating a complaint about a company's advertising practices. The company has been accused of making false claims about the benefits of its product. Which of the following is a legal requirement for advertising in Nigeria?
A. The company must provide evidence to support its claims
B. The company must disclose any potential conflicts of interest
C. The company must comply with the Advertising Standards Authority's code of practice
D. The company must obtain prior approval from the National Advertising Council
Question 11
A company is considering the purchase of a new warehouse. The warehouse has a capacity of 10,000 square meters and a rental fee of ₦250,000 per month. The company's current warehouse has a capacity of 5,000 square meters and a rental fee of ₦150,000 per month. If the company expects to increase its storage needs by 20% per annum, what is the minimum number of years it will take for the company to fill the new warehouse?
A. 5 years
B. 6 years
C. 7 years
D. 8 years
Question 12
A bank is considering a new loan product that involves offering a variable interest rate to customers. The bank has determined that the interest rate will be based on the prime lending rate plus a margin of 2%. However, the bank is concerned about the potential risks associated with the loan product. What type of risk is the bank taking on by offering the variable interest rate loan product?
A. Credit risk
B. Liquidity risk
C. Market risk
D. Operational risk
Question 13
A company's marketing strategy involves a mix of advertising and sales promotions. If the company allocates 30% of its marketing budget to advertising and 40% to sales promotions, what percentage of the budget is allocated to other marketing activities?
A. 10%
B. 20%
C. 30%
D. 40%
Question 14
The diagram below shows the demand and supply curves for a perfectly competitive market. If the price is set at ₦100, what is the quantity supplied?
A. 10 units
B. 20 units
C. 30 units
D. 40 units
Question 15
A company has a bank account with a balance of ₦1,000,000. If the company withdraws ₦500,000, what is the new balance in the bank account?
A. ₦500,000
B. ₦750,000
C. ₦1,000,000
D. ₦1,500,000

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