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.
A medium of imputing data into the computer is through the use of the
Keyboard
Monitor
Software
Hardware
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a self-balancing account?
Capital
Interest on capital
Drawings
Share of profit
Correct answer is D
No explanation has been provided for this answer.
Hardware in data processing refers to
Programs runs on the computer
Entry and storage of information on computer
Microsoft disc operating system
Mechanical components of the computer
Correct answer is D
No explanation has been provided for this answer.
As evidence of payment to a government treasury, revenue collectors issue
Treasury card
Receipt voucher card
Treasury receipt
Payment voucher
Correct answer is C
No explanation has been provided for this answer.
The depreciation on plant acquired by a manufacturing company is treated as
Prime cost
Administrative expenses
Factory overhead
Selling and distribution expenses
Correct answer is C
No explanation has been provided for this answer.