JAMB Past Questions and Answers - Page 1355

6,771.

The main objective of accounting report is to provide information about?

A.

A company's shareholding

B.

An entity's management

C.

The efficacy of assets

D.

A company's economic resources

Correct answer is B

No explanation has been provided for this answer.

6,772.

Cost accounting entails the provision of information?

A.

For investment purposes

B.

For descision making

C.

To shareholders

D.

To stockholders

Correct answer is B

No explanation has been provided for this answer.

6,773.

The current growth in the volume of trading and financial dealings in Nigeria is helped by?

A.

Increased financial activities

B.

Government intervention

C.

Credit as a factor in business

D.

Payment for goods in cash

Correct answer is A

No explanation has been provided for this answer.

6,775.

A major benefit derived from the reconciliation of branch and head office books is to?

A.

Determine accurate returns by the branch

B.

Ascertain the correct profit or loss on branch activities

C.

Enable the branch to keep control over stock

D.

Enable the branch to ascertain debtor's balance

Correct answer is A

No explanation has been provided for this answer.