If you are preparing for an accounting aptitude test or even a job interview, these accounting questions and answers will help you master the principles of accounting. This test covers accounting past questions from WAEC, JAMB, Post UTME exams and many more.
Straight line
Reducing balance
Sum of the yeara; digits
Revaluation
Correct answer is C
No explanation has been provided for this answer.
The art of collecting, recording, presenting and interpreting accounting data is
Cost accounting
Management accounting
Financial accounting
Data processing
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a source of revenue to a local government authority?
Poll tax
Excise duty
Paid tax
Value added tax
Correct answer is A
No explanation has been provided for this answer.
Which of the following attracts a fixed rate of dividend?
Ordinary shares
Founders shares
Preference shares
Deferred shares
Correct answer is C
No explanation has been provided for this answer.
premium
bonus
shares
debenture
Correct answer is A
No explanation has been provided for this answer.