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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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1616
Recurrent expenditure of government is paid from
  • A. contingenecies fund
  • B. reserve fund
  • C. development fund
  • D. consilidated fund
View Answer & Discuss WAEC 1999
1617
A bond acknowledging a loan to a company under the company's seal, bearing a fixed rate of interest is known as
  • A. certificate
  • B. agreement
  • C. bank loan
  • D. debenture
View Answer & Discuss WAEC 1999
1618
One mega byte is equal to
  • A. 8 bytes
  • B. 1 millin bytes
  • C. 10 million bytes
  • D. 1 billion bytes
View Answer & Discuss (1) WAEC 1999
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1619
Purchases of goods from Obi had been entered in Obike's Account. This is an error of
  • A. omssion
  • B. compensation
  • C. commission
  • D. original entry
View Answer & Discuss WAEC 1999
1620
The authority of the Accountant General to disburse from government fund is called
  • A. estimate
  • B. warrant
  • C. provision
  • D. vote
View Answer & Discuss WAEC 1999
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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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