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Accounts - Principles of Accounts Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1226
Which of the following attracts a fixed rate of dividend?
  • A. ordinary shares
  • B. founder's shares
  • C. preference shares
  • D. defferred shares
View Answer & Discuss WAEC 2007
1227
Which of the following is a source of revenue to a local government authority?
  • A. poll tax
  • B. excise duty
  • C. paye tax
  • D. value added tax
View Answer & Discuss WAEC 2007
1228
The art of collecting, recording, presenting and interpreting accounting data is
  • A. cost accounting
  • B. management accounting
  • C. financial accounting
  • D. data processing
View Answer & Discuss WAEC 2006
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1229
The depreciation method in which the number of years of the useful life of an asset is allocated in a reverse order is
  • A. straight line
  • B. reducing balance
  • C. sum of the yeara; digits
  • D. revaluation
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1230
A system where a separate cash book is maintained for small payments is
  • A. single entry
  • B. imprest
  • C. float
  • D. reimbursement
View Answer & Discuss WAEC 2006
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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