by Sunday | Mar 21 | Accounting WAEC
A. purchase of vehicles B. purchase of drugs C. construction of boreholes D. construction of buildings Correct Answer: Option B C. construction of boreholes Explanation Recurrent expenditure on goods and services is expenditure, which does not result in the creation...
by Sunday | Mar 21 | Accounting WAEC
A. long term loan repayment problem B. efficient in the utilization of its resources C. unable to pay its bills on time D. growing its net assets effectively Correct Answer: Option C C. unable to pay its bills on time Explanation A low current ratio indicates problems...
by Sunday | Mar 21 | Accounting WAEC
A. bank overdrafted B. returns outwards C. purchases D. capital Correct Answer: Option C C. purchases
by Sunday | Mar 21 | Accounting WAEC
A. consistency concept B. realization concept C. going concern concept D. business entity concept Correct Answer: Option D D. business entity concept
by Sunday | Mar 21 | Accounting WAEC
A. consistency concept B. realization concept C. going concern concept D. business entity concept Correct Answer: Option D D. business entity concept