JAMB Past Questions and Answers - Page 943

4,711.

Public sector accounting is based on

A.

Cash

B.

Accrual

C.

Budget

D.

Consolidated fund

Correct answer is C

No explanation has been provided for this answer.

4,713.
4,714.

The acid test ratio in the company is

A.

1:1

B.

1:2

C.

2:3

D.

3:2

Correct answer is B

No explanation has been provided for this answer.

4,715.

What is the working capital?

A.

N12,000

B.

N11,000

C.

N8,000

D.

N4,000

Correct answer is B

No explanation has been provided for this answer.