A system where a separate cash book is maintained for small payments is
Single entry
Imprest
Float
Reimbursement
Correct answer is B
No explanation has been provided for this answer.
Straight line
Reducing balance
Sum of the yeara; digits
Revaluation
Correct answer is C
No explanation has been provided for this answer.
The art of collecting, recording, presenting and interpreting accounting data is
Cost accounting
Management accounting
Financial accounting
Data processing
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a source of revenue to a local government authority?
Poll tax
Excise duty
Paid tax
Value added tax
Correct answer is A
No explanation has been provided for this answer.
Which of the following attracts a fixed rate of dividend?
Ordinary shares
Founders shares
Preference shares
Deferred shares
Correct answer is C
No explanation has been provided for this answer.