JAMB Past Questions and Answers - Page 1270

6,346.

If a GSM operator based in Lagos supplies recharge cards to its branch in Akure, the head office can charge the goods at?

A.

Selling price

B.

Akure price

C.

Company price

D.

Lagos price

Correct answer is C

No explanation has been provided for this answer.

6,348.

The main reason for adopting a departmental account is to?

A.

Record transactions for each department for better documentation

B.

Tackle any recording problem as a result of expansion

C.

Continuously evaluate the profitability of different departments

D.

Ensure that departmental mangers are adequately monitored

Correct answer is C

No explanation has been provided for this answer.

6,350.

Receipt and payment account discloses?

A.

Debtors

B.

Creditors

C.

Prepayment

D.

Depreciation

Correct answer is C

No explanation has been provided for this answer.