Direct material + direct expenses is?
A. overhead B. prime cost C. total cost D. conversion cost Correct Answer: Option B B. prime costWhich of the following statements is no correct?
A. profits increase capital B. losses reduce capital C. drawings reduce capital D. drawings increase capital Correct Answer: Option D D. drawings increase capital“Transactions are governed by legal principles, but are nevertheless accounted for and presented in accordance with the substance and financial reality”. This is in compliance with the principle of
A. substance over form B. prudence C. objectively D. materiality Correct Answer: Option D D. materialityWhich of the following is not an accounting concept?
A. periodicity B. accuracy C. consistency D. objectively Correct Answer: Option B B. accuracyProducts
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Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Co-Ownership Structures and Land Acquisition Methods in Nigeria
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Rights in Community Land and Fundamental Land Concepts in Nigeria
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Customary Land Control and the Origins of Nigeria's Land Use Act
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Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.