WAEC Accounting Past Questions & Answers - Page 287

1,431.

Which of the following is not a data processing method?

A.

Manual

B.

Mechanical

C.

Electronic

D.

Formatting

Correct answer is B

No explanation has been provided for this answer.

1,432.

In the absence of partnership agreement, a loan by a partner attracts interest at

A.

20%

B.

15%

C.

10%

D.

5%

Correct answer is D

No explanation has been provided for this answer.

1,433.

Which of the following is not used for determining working capital?

A.

Cash

B.

Debtors

C.

Motor vehicles

D.

Overdraft

Correct answer is C

No explanation has been provided for this answer.