by Sunday | Mar 20 | Accounting WAEC
A. production cost B. prime cost C. total cost D. finance cost Correct Answer: Option B B. prime cost Explanation Prime cost is the direct cost of a commodity in terms of the materials and labour involved in its production, excluding fixed...
by Sunday | Mar 20 | Accounting WAEC
A. periodicity B. accrual C. entity D. materiality Correct Answer: Option C C. entity Explanation The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other...
by Sunday | Mar 20 | Accounting WAEC
A. Subscription paid in advance B. stock paid for in advance C. outstanding wages and salaries D. donations Correct Answer: Option B B. stock paid for in advance Explanation Receipts and payments account are used by non-profit making organization, It is a summarized...
by Sunday | Mar 20 | Accounting WAEC
A. discounts allowed B. office electricity C. stationery D. insurance Correct Answer: Option C C. stationery Explanation Administrative expenses are the expenses that an organization incurs not directly tied to a specific function such as manufacturing, production or...
by Sunday | Mar 20 | Accounting WAEC
A. the amount of money taken out of the business by the owner B. the cash in the business bank account C. the difference between sales and cost of sales D. sales revenue less cost of sales expenses Correct Answer: Option D D. sales revenue less cost of sales expenses...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.