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.
The correct sequence in data processing is
input → process → output
input → output → process
process → input → output
process → output → input
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a data processing method?
Manual
Mechanical
Electronic
Formatting
Correct answer is B
No explanation has been provided for this answer.
In the absence of partnership agreement, a loan by a partner attracts interest at
20%
15%
10%
5%
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not used for determining working capital?
Cash
Debtors
Motor vehicles
Overdraft
Correct answer is C
No explanation has been provided for this answer.
4 : 1
3 : 1
2 : 1
1 : 1
Correct answer is D
No explanation has been provided for this answer.