WAEC Accounting Past Questions & Answers - Page 317

1,581.

The diagrammatic representation of the workings of the computer program is

A.

Flow chart

B.

Desktop

C.

Keyboard

D.

Byte

Correct answer is A

No explanation has been provided for this answer.

1,582.

When shares are issued to the public and the issuing company has not requested for payments, it is referred to as

A.

Authorised capital

B.

Paid-up capital

C.

Uncalled capital

D.

Unissued capatal

Correct answer is D

No explanation has been provided for this answer.

1,583.

Rent owed by a department is treated in the Balance sheet as

A.

Asset of the business

B.

Asset of the department

C.

Liability of the business

D.

Liability of the department

Correct answer is C

No explanation has been provided for this answer.

1,584.

Computer memory sizes are measured in

A.

Kilometers

B.

Kilowatts

C.

Kilobytes

D.

Centimetres

Correct answer is C

No explanation has been provided for this answer.

1,585.

Goods sent to branch are recorded in the head office's books at i. selling price ii. cost price plus makeup percentage iii. cost price

A.

i and ii

B.

i and iii

C.

ii and iii

D.

i, ii and iii

Correct answer is A

No explanation has been provided for this answer.