A. accrual B. materiality C. realization D. going-concern Correct Answer: Option C C. realization
A. fund B. vote C. virement D. budget Correct Answer: Option A A. fund
A. current asset B. current liability C. capital D. long-term liability Correct Answer: Option A A. current asset
A. N45,000 B. N12,000 C. N9,000 D. N4,500 Correct Answer: Option C C. N9,000
A. cost of repairs incurred on a fixed asset B. a charge for the wear and tear of fixed assets…
A. direct material and direct labour cost B. direct material, direct labour and direct expenses C. direct material, direct labour,…
A. Raw materials stock B. debit balance of profit and loss account C. preliminary expenses f a limited company D.…
A. rates prepaid account B. bank loan account C. income received in advance account D. ordinary share capital account Correct…
A. reserve B. provision C. premium D. bonus Correct Answer: Option A A. reserve
A. dividend B. net profit C. shares D. interest Correct Answer: Option D D. interest