Past Questions And Answers
Given:
₦
Bank overdraft 2,000
Cash 2,000
Furniture 4,000
Derive the total amount on the credit side of the trial balance
- A. ₦4000
- B. ₦6000
- C. ₦2000
- D. ₦8000
Which of the following can quote its shares on the stock exchange
- A. Partnership
- B. Sole-proprietorship
- C. Co-operative society
- D. Public limited company
The most important factor affecting the rate of erosion is the
- A. amount of organic matter in the soil
- B. slope of the land
- C. composition of soil
- D. amount of rainfall
Convert 3.1415926 to 5 decimal places
- A. 3.14160
- B. 3.14159
- C. 0.31415
- D. 3.14200
Holders of ordinary shares do not have the right to ______.
- A) participate in additional issue of shares
- B) vote at annual general meetings
- C) elect the board of directors
- D) receive dividend at a predetermined rate
The implication of positive communal relationship is that
- A. promotes solidarity and love
- B. ensures obedience to constituted authority
- C. encourages ethnic diversity
- D. promotes rural-urban drift
If a car runs at a constant speed and takes 4.5 hrs to run a distance of 225 km, what time it will take to run 150 km?
- A. 2 hrs
- B. 4 hrs
- C. 3 hrs
- D. 1 hr
According to Collosians, the Lord does not wish that any should perish, but that all should
- A. be humble
- B. repent
- C. rejoice
- D. be saved
A system of government which is based on public ownership of means of production and distribution is called
- A. socialism
- B. capitalism
- C. feudalism
- D. oligarchy
From the words lettered A to E below each of the following sentences, choose the word or group of words that is nearest in meaning to the underlined word or phrase as it is used in the sentence. He was kept in solitary confinement
- A. quite
- B. inimical
- C. harsh
- D. lonely

