Jamb Accounts - Principles of Accounts Questions
Question 831:
The fund in which all government receipt are paid is?
- A Consolidated revenue fund
- B Development fund
- C Trust fund
- D Contingency fund
Question 832:
Which of the following accounts for the highest revenue to Nigeria?
- A Import duties
- B Personal income tax
- C Petroleum income tax
- D Company tax
Question 833:
If Aboki Holdings Limited issued 120, 000 ordinary share of N2.00 each at market value of 5.50k each, the share premium would?
- A N500 000
- B N450 000
- C N550 000
- D N420 000
Question 834:
Which of the following is a signatory to federal government account?
- A Auditor-General
- B Governor of Central Bank
- C Accountant-General
- D Persident
Question 835:
The chief accounting officer of a local government is the?
- A Chairman
- B Treasurer
- C Director of personnel
- D Auditor