A. Imprest B. float C. cash advance D. cash Correct Answer: Option A - Imprest Explanation The word 'imprest' means…
A. detect fraud B. attest to financial statements C. measure performance D. protect shareholders Correct Answer: Option C - attest…
Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/2106. The company's…
N salesĀ 20,000 cost of sales 10,000 operating expenses 2,500 expenses prepaid included in operating expenses 500 A. 100% B.…
N salesĀ 20,000 cost of sales 10,000 operating expenses 2,500 expenses prepaid included in operating expenses 500 A. N12,500…
A. members equity B. share capital C. general fund D. surplus fund Correct Answer: Option C - general fund Explanation…
A. how profits or losses are to be shared B. the capital to be contributed annually C. how salaries are…
Earnings per share 47k Dividends per share 30k Per value of each share N1.20 market price per share NM1.50 …
Earnings per share 47k Dividends per share 30k Per value of each share N1.20 market price per share NM1.50 …
A. uncredited cheques B. direct payments by bank C. bank charged D. unpresented cheques Correct Answer: Option D - unpresented…