WAEC Commerce 2013 Objective — Question 31
Question 31 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
Advertisement
A personal computer on sale in an office equipment shop is an example of a
- A. stockCorrect
- B. fixed asset
- C. liability
- D. fixed capital
Explanation
Stock are goods which a business purchase for the purpose of selling them. For an office equipment shop, personal computer is part of its stock.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.