WAEC Past Questions and Answers - Page 1135

5,671.

A trader paid N15,000 on rent for 15 months but charged N12,000 to the profit and loss Account for the year. This is the concept of

A.

Accrual

B.

Materiality

C.

Prudence

D.

Going-corncern

Correct answer is B

No explanation has been provided for this answer.

5,672.

The price paid for the purchase of a business is

A.

Credited to cash accounted to cash account and debited to vendor's account

B.

Debited to cash account and credited to Vendor's Account

C.

Debited to business purchase Account and credited to Asset Account

D.

Credited to cash Account and debited to Asset Account

Correct answer is A

No explanation has been provided for this answer.

5,673.

Into how many types can general purpose computers be classified?

A.

Three

B.

Four

C.

Five

D.

Six

Correct answer is A

No explanation has been provided for this answer.

5,674.

The amount for which a business is sold is

A.

Purchase consideration

B.

Premium

C.

Capital reserve

D.

Goodwill

Correct answer is A

No explanation has been provided for this answer.

5,675.

What is the angle between \(a = (3i - 4j)\) and \(b = (6i + 4j)\)?

A.

13°

B.

87°

C.

100°

D.

110°

Correct answer is B

\(a . b = |a||b| \cos \theta\)

\(a = 3i - 4j; b = 6i + 4j\)

\(18 - 16 = (\sqrt{3^{2} + (-4)^{2}})(\sqrt{6^{2} + 4^{2}}) \cos \theta\)

\(2 = 5\sqrt{52} \cos \theta\)

\(\cos \theta = \frac{2}{5\sqrt{52}} = 0.0555\)

\(\theta = 86.8° \approxeq 87°\)