Post Utme Accounts - Principles of Accounts Questions
Question 246:
The main objective of public sector accounting is to:
- A Calculate manufacturing cost
- B Maximize private profit
- C Increase shareholders wealth
- D Ensure accountability transparency
Question 247:
A business has assets worth ₦860,000 and liabilities of ₦310,000. Capital equals:
- A ₦310,000 capital
- B ₦1,170,000 capital
- C ₦550,000 capital
- D ₦860,000 capital