Which of the following is not a disadvantage of a one-man business?

• A. Unlimited liability owner
• B. Life of business limited to life of owner
• C. Personal control of business
• D. Difficulty in raising additional capital

Cost of rent as an expense can be apportioned to all department on the basis of:

• A. No of employees
• B. stock value
• C. space occupied
• D. wages

Growth includes the following processes except

• A. differentiation
• B. enlargement
• C. mitosis
• D. meiosis

From the words or group of words labelled A to D, choose the one that best completes each of the following sentences. Nigeria's economy was buoyant.....the 1970s

• A. through
• B. on
• C. in
• D. with

If log x = \(\bar{2}.3675\) and log y = 0.9750, what is the value of x + y? Correct to three significant figures

• A. 1.18
• B. 1.31
• C. 9.03
• D. 9.46

The insurance principle which expects the insured and the insurer to disclose all facts about a proposed contract is called

• A. uberrimae fidei
• B. indemnity
• C. proximate cause
• D. insurable interest

The boiling point of a liquid such as methanol is the temperature at which its

• A) vapour pressure is equal to 1 atmosphere
• B) vapour pressure is equal to the atmospheric pressure
• C) reactants and products are at standard states
• D) vapour pressure doubles atmospheric pressure

when Prophet Muhammed (S.A.W) led the Muslims in a triumphant entry into Makkah, all Makkans were assured of their safety if they entered the sacred mosque, remained indoors in their homes or

• A. entered the house of Abu Sufyan
• B. prostrated themselves before Muhammed (S.A.W)
• C. surrendered all their belongings
• D. free all detained Muslims

Carbonaceous type of sedimentary rocks are made from

• A. remains of dead animals
• B. vegetative matter
• C. molten magma
• D. living plants and animals

What is the ratio of expenditure on health to agriculture?

• A. 2.3
• B. 3.4
• C. 4.3
• D. 5.4