Past Questions And Answers
Given:
Shaku Company Ltd.
Stock..........................N3600 000
Cash at hand...................N800 000
Cash at bank...................N2400 000
Debtors........................N580 000
Trade creditors................N920 000
Bank overdraft.................N200 000
Tax liabilities................N600 000
Salary owed to staff...........N180 000
Determine the working capital?
- A. N7380 000
- B. N8480 000
- C. N5480 000
- D. N6480 000
Which of the following distribution channels would be used to sell tractors and cranes?
- A. Producer>Agent>Consumer
- B. Producer>Agent>Retailer>Consumers
- C. Producer>Agent>Wholesaler>Retailer>Consumer
- D. Producer>Agent>Wholesaler>Consumer
Sales promotion is_____________
- A. Selling of goods to the consumers
- B. Predicting quantity of goods to be demanded
- C. Stimulating demand through short term incentives
- D. Making goods / available to consumers
Which of the following is not a metamorphic rock?
- A. grit
- B. schist
- C. marble
- D. slate
Which of the following statements about wave motion is correct?
- A. Electromagnetic waves are transverse
- B. Transverse waves do not require a medium for propagation
- C. Longitudinal waves vibrate perpendicular to the direction of travel
- D. All mechanical waves are longitudinal
Which of the following are the major disadvantage of direct system of taxation? i, Disincentive of hard work ii, Difficulties in assessment and collection iii, imperfection in tax assessment.
- A. i and ii
- B. i and iii
- C. ii and iii
- D. i, ii and iii
How many baskets of broken meat were left after Jesus fed the people?
- A) Five baskets
- B) Sixteen baskets
- C) Twelve baskets
- D) Seven baskets
A soil with pH2 can be described as
- A. moderately acidic
- B. moderatly alkaline
- C. neutral
- D. highly acidic
How long would it take to deposit 0.08g of copper from CuCl2 solution by passing a current of 0.5A? [Cu = 64, F = 96500 C mol-1]
- A. 6 mins
- B. 8 mins
- C. 24 mins
- D. 48 mins
Obadiah showed his great reverence for the LORD by
- A) Handing over five hundred Baal prophets for slaughter
- B) Falling on his face before Elijah
- C) Hiding Elijah in a cave for two years
- D) Feeding the prophets of the LORD with bread and water

