Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
34211

Which of the following countries is the leading producer of petroleum?

  • A. Algeria
  • B. Libya
  • C. Egypt
  • D. Gabon
View Discussion (0)WAEC 2003 OBJ
34212

the Central Bank's expansionary monetary policy is justified at a period?

  • A. when the inflation rate is high and the economic is experiencing a boom
  • B. of economic depression accompanied by low capacity utilization
  • C. when trade unions are clamouring for higher wages
  • D. when price of crude petroleum is rising
View Discussion (0)JAMB 1995
34213

Which of the following is responsible for carrying oiut the monetary policy of a country?

  • A. The Ministry of Finance
  • B. international Monetary Fund
  • C. Internal Revenue Board
  • D. The Central Bank
View Discussion (0)WAEC 1995 OBJ
34214

The two boxers were neck and neck up till the sixth round but in the seventh and final round, the bigger onelost ground

  • A. could no longer stand on his feet
  • B. failed to maintain his position
  • C. was beaten
  • D. became dizzy
View Discussion (0)JAMB 1980
34215

A simple pendulum of length 0.4m has a period of 2s. What is the period a similar pendulum of length 0.8m at the same place?

  • A. 8s
  • B. 4s
  • C. 2√2s
  • D. √2s
View Discussion (0)JAMB 2013
34216

a. The following is the trial balance of Abete Trading Company as at 31st December 2020:

Le Le

Depreciation of fixed assets

9,260

Stock as 1st January 2020

3,600

Purchases and sales

100,000 174,000

General expenses

170,00

Fixed assets

42,600

Returns

2,400 4,800

Discounts

400 2,000

Salaries and wages

21,000
Suspense account3,060
190,060

190,060

Additional information

(i) Stock in hand on 31st December 2020 was Le 4,000

(ii) Investigation revealed the following errors which necessitated the opening of suspense account:

- Drawings of Le 1,000 was posted to salaries and wages account

- Furniture bought at Le 1,560 was wrongly debited to fixed asset as Le 300

- Purchases day book was undercast by Le 2,000

- Discount allowed of Le 200 to a customer had not been posted to the customer's account

(iii) Depreciation of fixed assets is 10% per annum.

You are required to:

Correct the errors through journal entries (no narration is required).

b. The following is the trial balance of Abete Trading Company as at 31st December 2020:

View Discussion (0)WAEC 2023 THEORY
34217

Receipt and payment account discloses?

  • A. debtors
  • B. creditors
  • C. prepayment
  • D. depreciation
View Discussion (0)JAMB 2008
34218

Nigeria's interest in teaming up with other developing countries in the world is predicated on

  • A. her desire to consume more manufactured goods
  • B. her desire to produce more raw materials
  • C. preserving her independence and promoting development
  • D. getting a permanent seat in the United Nations Security Council
View Discussion (0)JAMB 2007
34219

Brass is an alloy containing copper and

  • A) zinc
  • B) tin
  • C) aluminum
  • D) silver
View Discussion (0)POST UTME FUTO
34220

Which of the following is not an asset held for the short term?

  • A) cash
  • B) inventories
  • C) trade receivables
  • D) computers
View Discussion (0)POST UTME OAU