If you are preparing for an accounting aptitude test or even a job interview, these accounting questions and answers will help you master the principles of accounting. This test covers accounting past questions from WAEC, JAMB, Post UTME exams and many more.
Recurrent expenditures are expenses for the period not exceeding
10years
2years
5years
1year
Correct answer is D
No explanation has been provided for this answer.
The prime cost is the total of the
direct materials+direct labour+direct wages
production cost+selling expenses
administrative expenses+selling expenses+distribution expenses
direct materials+work overhead expenses
Correct answer is A
No explanation has been provided for this answer.
Use the information below to answer this question
₦275,000
₦200,000
₦755,000
₦215,000
Correct answer is B
No explanation has been provided for this answer.
Use the information below to answer this question
0.82:1
1:53:1
0.95:1
0.91:1
Correct answer is C
No explanation has been provided for this answer.
When allotment of shares is made applicants for shares of a company become
Promoters
Creditors
Debtors
Shareholders
Correct answer is B
No explanation has been provided for this answer.