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Accounts - Principles of Accounts Past Questions and Answers

Accounts - Principles of Accounts Questions

Question 1846:
The Chief accounting officer of the federation is
  • A Minister of Finance
  • B Auditor General
  • C Accountant general
  • D Chief accountant
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Question 1847:
Which of the following serve as the main Government Fund used to service all operations of the government?
  • A General fund
  • B Consolidated revenue fund
  • C Consolidated reserve fund
  • D Special fund
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Question 1848:
Which of the government serves as an input, storage and output device of a computer?
  • A Diskette
  • B Keyboard
  • C Monitr
  • D Printer
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Question 1849:
The expenditure on a good or service which is consumed either immediately or within a current accounting government?
  • A Annual expenditure
  • B Budgetary expenditure
  • C Capital expenditure
  • D Recurrent expenditure
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Question 1850:
Which of the following is not an intangible asset?
  • A Liancence
  • B Patents
  • C Trademarks
  • D Fixtures
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