by Sunday | Dec 3 | Accounting JAMB
A. entity fund B. capital owned C. accumulated fund D. capital employed Correct Answer: Option C – accumulated fund
by Sunday | Dec 3 | Accounting JAMB
A. a surplus B. a liability C. a deflicit D. an asset Correct Answer: Option B – a liability
by Sunday | Dec 3 | Accounting JAMB
A. to use accumulated fund to described the net amount owed to members B. mainly to improve the welfare of her member C. to engaged in trading activities to sponsor its activities D. in order to compute the receipts and payment account Correct Answer: Option B –...
by Sunday | Dec 3 | Accounting JAMB
A. value of party finished goods B. value of finished goods sold C. sales less cost of goods sold D. value of goods produced Correct Answer: Option A – value of party finished goods
by Sunday | Dec 3 | Accounting JAMB
A. prime cost B. indirect cost C. total cost D. direct cost Correct Answer: Option B – indirect cost
by Sunday | Dec 3 | Accounting JAMB
A. party manufactured goods B. overhead cost C. total factory expenses D. prime cost Correct Answer: Option D – prime cost