WAEC Past Questions and Answers - Page 1124

5,616.

Sale of goods for N600 to Ade was not posted, This is an error of

A.

Omission

B.

Commission

C.

Principle

D.

Compensation

Correct answer is A

No explanation has been provided for this answer.

5,617.

Which of the following is not an intangible asset?

A.

Lincence

B.

Patents

C.

Trademarks

D.

Fixtures

Correct answer is D

No explanation has been provided for this answer.

5,618.

The expenditure on a good or service which is consumed either immediately or within a current accounting government?

A.

Annual expenditure

B.

Budgetary expenditure

C.

Capital expenditure

D.

Recurrent expenditure

Correct answer is D

No explanation has been provided for this answer.

5,619.

Which of the government serves as an input, storage and output device of a computer?

A.

Diskette

B.

Keyboard

C.

Monitor

D.

Printer

Correct answer is A

No explanation has been provided for this answer.

5,620.

Which of the following serve as the main Government Fund used to service all operations of the government?

A.

General fund

B.

Consolidated revenue fund

C.

Consolidated revenue

D.

Special fund

Correct answer is B

No explanation has been provided for this answer.