Here you can find NECO Commerce Questions and Answers 2023, check here if you are preparing for NECO Commerce Exam 2023.
What is Neco?
The National Examinations Council (NECO) is a respected examination body in Nigeria entrusted with the responsibility of conducting the Secondary School Certificate Examination (SSCE) and General Certificate of Education (GCE). The SSCE, a key assessment, is held during June/July, while the GCE is held in November/December.
NECO was established in April 1999 under the leadership of former Nigerian Head of State, Abdulsalami Abubakar. This institution was established as a replacement for the National Board of Education Measurement (NBEM) and became the pioneer federal organization in Nigeria to offer subsidized registration for academic candidates.
NECO’s primary objective is to take over the duties formerly held by NBEM, thereby assuming responsibility for the organization and conduct of standardized examinations for students across Nigeria. In 2000, NECO successfully conducted its inaugural trial, marking the beginning of its vital role in the educational landscape.
The Senior Secondary Certificate Examination (SSCE), a landmark undertaking enabled by NECO, is of immense importance to Nigerian secondary school students. This exam rigorously assesses their ability and expertise in a variety of subjects, including English, mathematics, natural sciences, social sciences and the arts. SSCE results have a significant impact on determining students’ academic progress, enrollment in higher education institutions and employment prospects.
In addition to SSCE, NECO also oversees the General Certificate in Education (GCE). GCE serves as an examination platform for private candidates who are not enrolled in regular school programs. It provides individuals with an invaluable opportunity to gain academic qualifications outside the conventional education system.
NECO plays an integral role in the Nigerian education system, safeguarding the integrity and standardization of examinations. The council tirelessly strives to ensure fair and reliable assessment of students’ knowledge and skills. Continuously adapting to the evolving educational landscape in Nigeria, NECO remains committed to its mission of delivering excellence in the field of examinations.
NECO Commerce Questions and Answers 2023
NECO Commerce Questions and Answers 2023 is yet to happen but below we have provided some practical NECO Commerce Questions and Answers.
1. Income distribution, nature of natural resources, investment, etc. form part of the —–business environment.
A. cultural
B. economic
C. political
D. social
E. technological
2. The fee for sending a telegram depends on
A. the number of lines contained in the message
B. the number of words contained in the message
C. message security
D. the time it would take for the message to reach its destination
E. urgency of the message
3. Combination of products, prices,
A. consumer orientation
B. marketing concept
C. marketing mix
D. marker research
E. product mix
4. Use the following information to answer the question
Kolawole’s opening inventory was N10, 000. His purchases were N280,000 Goods returned to the outside were N3,000 and closing inventory was N8,000 Kolawole’s average inventory?
A. N9,000.00
B. N10, 000.00
C. N279,000.00
D. N280,000.00
E. N290,000.00
5. When the supplier changes the trader due to not returning the empty packaging, the supplier sends him a reminder
A. advice
B. bill of lading
C. book approval
D. indebtedness
E. statement
6. Which of the following is NOT a function of commerce?
A. Assistance to companies in raising capital
B. Assistance in transporting people and materials to the production site
C. Removal of goods for further production and processing
D. Storage of goods until they are needed
E. Providing employment opportunities to a large number of people
7. In which order are the following documents used?
I. Inquiry II. Delivery note III. Order IV. Invoice V. Offer
A. I, II, III, IV and V
B. I, V, III, IV and II
C. II, I, IV, III and V
D. III, II, V, I and IV
E. V, IV, I, III and II
8. The price of the item is N300 with a trade discount of 20%, what is the selling price?
A. N180
B. N240
C. N300
D. N360
E. no possibility
9. A hire purchase transaction becomes a sale when the hirer
A. pays the full price of the goods
B. agrees to the terms of the installment purchase
C. takes possession of the goods
D. pays part of the war
10. An electronic communication system that serves as an international information bank is called
A. e-mail
B. satellite
C. telex
D. Internet
How to pass the NECO Commerce exam?
The National Examinations Council (NECO) is the regulatory body responsible for the administration of the Higher Secondary Certificate Examination, a key assessment for students completing their secondary education. This certificate serves as an important credential confirming the successful completion of secondary school and plays a key role in determining eligibility for tertiary education.
The NECO exam is of great importance because it is a key factor that universities and other higher education institutions take into account during the admission process. As such, students preparing for the NECO 2023 commerce exam should approach it with great dedication and determination.
Here are some essential tips to succeed in the NECO 2023 Commerce exam:
1. Maintain a strong determination to succeed:
Having a determined mindset and setting a goal to achieve an excellent score in the NECO 2023 Commerce exam is key. A determined attitude is key to overcoming challenges and ensuring success. Avoid the influence of lazy peers who rely on last-minute miracles and instead stay positive and commit to studying hard.
2. Develop self-confidence:
Confidence plays a significant role in a candidate’s performance. Believe in your abilities and believe that you can excel in the exam. Lack of confidence can lead to re-guessing correct answers and copying incorrect ones. Study hard, pray hard, and rely on your own abilities to succeed.
3. Start learning early:
Studying early and consistently is key to success in the NECO 2023 Commerce exam. Avoid the trap of leaving your preparation until the exams are around the corner. An early start gives enough time for thorough revision and better retention of knowledge.
4. Use the NECO 2023 curriculum:
The NECO syllabus provides a valuable guide outlining the main topics to be covered for the trade exam. Use the syllabus to focus your study on relevant subjects and avoid wasting time on unnecessary topics that are unlikely to appear in exams. In addition, the syllabus may include topics not covered in class, making it essential for comprehensive preparation.
5. Ask for divine help:
Recognize the importance of seeking help from a higher power. Pray to God, acknowledging His guidance and support. Faith in God can contribute to your overall success, providing strength and confidence during challenging times.
6. Follow the instructions for the exam:
Strictly follow the instructions given during the examination. Failure to follow test protocols may lead to consequences, including withholding of results. Pay particular attention to instructions regarding answer format, time allocation, and any special guidelines.
7. Manage time effectively:
NECO Commerce requires effective time management. Consider the number of questions to be answered and the time available. Allocate your time wisely, ensuring you have enough opportunities to complete all necessary tasks within the given time frame.
8. Arrive at the exam location on time:
Punctuality is key on the day of the examination. Arrive early at the exam venue to calm down and prepare for the task ahead. Rushing into the exam hall can lead to unnecessary stress and potentially increase the likelihood of mistakes. Take the time to read the exam question paper carefully before you start answering.
By following these guidelines, students can approach the NECO 2023 Commerce exam with confidence, increasing their chances of achieving excellent results.
NECO 2023 exam date
The Senior Secondary Certificate Examination (SSCE) is an internal assessment specifically tailored to students in their final year of upper secondary education. These annual exams play a key role in assessing students’ academic abilities and determining their eligibility for higher education. The SSCE covers a wide range of subjects, including core subjects such as maths and English, along with electives aligned to students’ interests or chosen areas of study.
The NECO 2023 time table has been unveiled, revealing that the exams are scheduled to begin on July 3, 2023 and end on August 11, 2023. This comprehensive schedule meticulously outlines the exam plan, allocating specific dates and time slots for each subject, ensuring an orderly and structured exam process.
During SSCE, students are required to demonstrate their understanding and proficiency in various subjects through written assessment, practical assessment and occasionally oral interviews. Strict oversight measures are implemented to maintain fairness and maintain the integrity of the examination process.
SSCE exams cover a wide range of subjects, including Mathematics, English, Physics, Chemistry, Biology, Economics, Public Administration, English Literature, Geography, Agricultural Sciences and many others. This diverse subject coverage allows students to demonstrate their competence and ability in multiple academic domains.
SSCE exams mark a key milestone in a student’s educational journey, as their success significantly affects the fulfillment of the requirements for admission to higher education institutions. Universities, polytechnics and colleges often consider SSCE results as part of their admissions criteria, alongside other factors such as entrance exams and interviews.
To be successful in SSCE exams, students should prepare diligently by studying their textbooks, attending classes, participating in revision exercises and practicing with past exams. Developing effective study habits, effective time management and seeking guidance from a teacher or tutor can greatly improve student performance and boost their confidence during exams.
It is essential to approach the SSCE exams with a positive mindset, concentration and determination. By adhering to the exam schedule, meticulously following instructions, and applying the knowledge gained during high school education, students can increase the likelihood of achieving exceptional results, opening the door to further academic pursuits.
Disclaimer: The above information is for general information purposes only. All information on the website is provided in good faith, but we make no representations or warranties of any kind, express or implied, as to the accuracy, adequacy, validity, reliability, availability or completeness of any information on the website.
Categories: General
Source: HIS Education