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The process of distributing shares to successful applicants is

Accounts - Principles of Accounts
JAMB 2025

The process of distributing shares to successful applicants is

  • A. allocation
  • B. application
  • C. allotment
  • D. apportionment
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Correct Answer: Option C
Explanation

Allotment is the process of distributing shares to successful applicants.

Allocation means assigning resources for specific purposes.

Apportionment means dividing something proportionally.

Application is the formal request for shares.

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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now