Waec Accounts - Principles of Accounts Questions
Question 166:
The assets of business can be classified broadly int
- A Fixed and floating assets
- B Fixed and current assets
- C Intangible and fixed assets
- D Current and circulating assets
- E Investment and tangibl assets
Question 167:
The Chief accounting officer of the Federation Republic of Nigeria is the
- A Chief accountant
- B Minister of finace
- C Minister of economic planning
- D Accountant general of the federation
- E Auditor general of the federation
Question 168:
Materials are taken out of government unallocated store by means of
- A Verbal instruction by the Governor
- B Stores issue voucher
- C Stores credit voucher
- D Store ledger card
- E Departmental authorisation order
Question 169:
As evidence of payment to a government ministry, the revenue collector issue
- A Treasury card
- B Receipt voucher card
- C Treasury recipet
- D Payment voucher
- E Store receipt voucher
Question 170:
The fixed amount of money set aside for pretty expenses is called
- A Ordinary fund
- B Accumulated fund
- C Float
- D Imprest receipt
- E Imprest fund