WAEC Past Questions and Answers - Page 1166

5,826.

Where there is a loss on disposal of a fixed asset, it means

A.

depreciation has been underestimated

B.

depreciation has been overestimated

C.

scrap value has not been estimated

D.

depreciation method used is inappropriate

Correct answer is B

No explanation has been provided for this answer.

5,827.

Where a proprietor withdraws stock for personal consumption, the accounting entries to record the transaction are

A.

debit drawings account, credit purchases account

B.

debit purchases account, credit sales account

C.

debit sales avvount, credit drawings account

D.

debit drawings account, credit sales account

Correct answer is A

No explanation has been provided for this answer.

5,828.

The equation of a circle is \(3x^{2} + 3y^{2} + 24x - 12y = 15\). Find its radius.

A.

2

B.

3

C.

4

D.

5

Correct answer is D

The equation of a circle is given as: \((x - a)^{2} + (y - b)^{2} = r^{2}\)

Expanding, we have: \(x^{2} + y^{2} - 2ax - 2by + a^{2} + b^{2} = r^{2}\)

\(\implies x^{2} + y^{2} - 2ax - 2by = r^{2} - a^{2} - b^{2}\)

Comparing with the given equation: \(3x^{2} + 3y^{2} + 24x - 12y = 15\)

Making the coefficients of \(x^{2}\) and \(y^{2}\) = 1, we have

\(x^{2} + y^{2} + 8x - 4y = 5\)

\(2a = -8 \implies a = -4\)

\(2b = 4 \implies b = 2\)

\(r^{2} - a^{2} - b^{2} = 5 \implies r^{2} = 5 + (-4)^{2} + (2)^{2} = 5 + 16 + 4 = 25\)

\(\therefore r = 5\)

5,829.

Resources consumed but to be paid for within the next accounting period are classified in the balance sheet as

A.

Current liabilities

B.

Current assets

C.

Long-term liabilities

D.

Capital

Correct answer is A

No explanation has been provided for this answer.

5,830.

A polynomial is defined by \(f(x + 1) = x^{3} + px^{2} - 4x + 2\), find f(2)

A.

-8

B.

-2

C.

2

D.

8

Correct answer is C

Given: \(f(x + 1) = x^{3} + 3x^{2} - 4x + 2\). 

\(f(2) = f(x + 1) \implies x + 1 = 2; x = 1\)

\(f(2) = 1^{3} + 3(1)^{2} - 4(1) + 2 = 1 + 3 - 4 + 2 = 2\)