Past Questions And Answers
Wilson Company owns land which cost 14,100,000. If a quick sate of the land was necessary to generate cash, the company feels it would receive only ?80,000. The company continues to report the asset on the balance sheet at ?100,000 This is justified under which of the following concepts?
- A) The historical-cost principle
- B) The value is tied to objective and verifiable past transactions
- C) Neither
- D) Both
The jihadists emerged victorious in Gobir because
- A. their cause was just
- B. the Hausa rulers were divided
- C. they had superior weapons
- D. the masses supported them.
When the man with an unclean spirit in the region of the Gadarenes saw Jesus, he_______
- A. pleaded to be cast into the abyss
- B. requested to follow Him as a disciple
- C. acknowledged Him as the Son of the Most High God
- D. pleaded that a miracle be performed to cleanse him
Either the boys or Balogun ____ wrong
- (A)is
- (B) are
- (C) were
- (D) am
The process of nationalism was accelerated by
- A. the signing of the Atlantic Charter
- B. improvement in warfare tactics
- C. rapid economic development
- D. the coming of Christian missionaries
What act generally includes completing unfinished partnership business, collecting and paying debts, collecting partnership assets to be turned into cash and taking inventory?
- A. Formation
- B. dissolution
- C. winding up
- D. termination
Moses' miracles among the Hebrews after his call were meant to
- A. encourage rebellion against the Pharaoh
- B. reveal Moses' leadership capabilities
- C. convince Pharaoh of Yahweh's supremacy
- D. convince Israel of Yahweh's mission
The Premier of Western region immediately after Independence was ______
- A. Chief Obafemi Awolowo
- B. Chief Ladoke Akintola
- C. Chief Dr. M.A. Majekodunmi
- D. Alhaji D.S. Adegbenro
A biological species must possess the following characteristics except
- A) Live only in one place
- B) Must interbreed
- C) Must produce fertile offspring
- D) The mating between members must be free
a. Define Gross Domestic Product (GDP)
b. Describe the output approach as a method of computing national income
c. Identify anythree problems associated with the expenditure approach of calculating national income
View Discussion (0)WAEC 2023 THEORY
