Past Questions And Answers
A poet‘s use of regular rhythm is known as _______?
- A. allegory
- B. assonance
- C. metre
- D. onomatopoeia
Determine the value of closing stock using the LIFO method
- A. N2 000
- B. N2500
- C. N4000
- D. N35000
A characteristic that can possibly be shared by both living and non living organisms is
- A. locomotion
- B. irritability
- C. increase in biomass
- D. increase in size
From the words lettered A to D, choose the word that best completes the sentence.
The company failed to pay up the loan because it had become ..........
- A. corrupt
- B. bankrupt
- C. inefficient
- D. unreliable
The dominant foreign exchange earner of Senegal is?
- A. fish
- B. iron ore
- C. groundnut
- D. tourism
(a) What is a specific tax? (2 marks)
(b) Explain with the aid of diagrams, the effects of specific tax on a commodity that has a:
(i) perfectly elastic demand; (6 marks)
(ii) perfectly inelastic demand
(c) State two differences between a direct tax and and an indirect tax. (6 marks)
View Discussion (0)WAEC 2014 THEORYWhen two statements or comparisons are apparently contradictory, we have an example of
- A. irony
- B. paradox
- C. contrast
- D. parallelism
Which of the following ratios gives an idea of the liquidity of a firm?
- A. Turnover ratio
- B. Quick ratio
- C. Debit ratio
- D. Dividend yield
A reservoir is filled with liquid of density 2000 kgm\(^{-1}\). Calculate the depth at which the pressure in the liquid will be equal to 9100 Nm\(^{-2}\) (g = 10 ms\(^{-2}\))
- A. 0.262 m
- B. 0.664 m
- C. 0.819 m
- D. 0.455 m
Pilate wondered greatly during the trial of Jesus before him because
- A. Jesus gave him no answer to a single charge
- B. the Jews asked that the notorious prisoner be released
- C. Jesus agreed that He was the king of the Jews
- D. his wife warned him to have nothing to do with Jesus