Accounting questions and answers

Accounting Questions and Answers

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.

2,481.

The Auditor General of the Federation can be removed by the?

A.

National Assembly

B.

Chief Justice

C.

The president

D.

Head of Service

Correct answer is C

No explanation has been provided for this answer.

2,482.

Which of the following is among the categories of government cash book?

A.

Receipt cash book

B.

Payment cash book

C.

Petty cash book

D.

Treasury cash book

Correct answer is D

No explanation has been provided for this answer.

2,483.

The salary of the chief Justice of the Federation is paid from the?

A.

Consolidated revenue fund

B.

Development fund

C.

Contigency fund

D.

Special fund

Correct answer is A

No explanation has been provided for this answer.

2,484.

A source of revenue that is compulsory payment without any derived benefit is?

A.

Fees

B.

Taxes

C.

Fines

D.

Royalties

Correct answer is C

No explanation has been provided for this answer.

2,485.

Ordinary shareholders received dividend before?

A.

Creditors

B.

Debtors

C.

Preference shareholders

D.

Deferred shareholders

Correct answer is D

No explanation has been provided for this answer.