WAEC Past Questions and Answers - Page 1197

5,981.

The unit which keeps government's books of accounts is the

A.

Central bank

B.

Internal Audit department

C.

Treasury Department

D.

Accountand General's Department

Correct answer is C

No explanation has been provided for this answer.

5,982.

Bank reconciliation statement reconciles

A.

Bank and cash balances in cash book

B.

Bank balance in the cash book and bank statement balance

C.

Cash balance in the cash book and bank statement balance

D.

Bank balance brought down balance brought down and bank balance carried dowm in the cash book

Correct answer is B

No explanation has been provided for this answer.

5,983.

Whatever is fed into the computer is exactly what would be processed and produced as output. This is the concept of

A.

Sorting out

B.

last In, first out

C.

First in, first out

D.

Garbage in, garbage out

Correct answer is D

No explanation has been provided for this answer.