by Sunday | Dec 2 | Accounting JAMB
A. deals with debit and credit of items B. is a product of financial development C. is a product of its own environment D. is an ideal subject for financial development Correct Answer: Option A – deals with debit and credit of...
by Sunday | Dec 2 | Accounting JAMB
A. National Assembly B. President C. Judicial Service Commission D. Civil Service Commission Correct Answer: Option B – President Explanation The Auditor-General for the Federation is appointed by the...
by Sunday | Dec 2 | Accounting JAMB
A. general fund B. contingency fund C. trust fund D. capital fund Correct Answer: Option D – capital fund
by Sunday | Dec 2 | Accounting JAMB
A. ledger book B. payment book C. vote book D. expenditure book Correct Answer: Option C – vote book Explanation A vote book is an accounts book which is used to record. and monitor expenditure in the public...
by Sunday | Dec 2 | Accounting JAMB
A. Market fees B. Bicycle licenses C. Tariffs D. Property rates Correct Answer: Option C – Tariffs Explanation Tariff is a tax or duty to be paid on a particular class of imports or exports. It is a source of revenue to the government because these taxes are...