Tunde purchased goods from Femi by cash worth #1,000 with 10% cash discount Tunde’s purchases ledger control account it to be

• A) debited by #100
• B) credited by #100
• C) credited by #1,000
• D) debited by #1,000

In the question below select the option that best explains the information conveyed in the sentence: Between you and me, i would say the equipment has outlived its usefulness

• A. I believe that the equipment is no longer useful to any of us
• B. I believe that the equipment continues to be useful to either you or me
• C. My idea of the usefulness of the equipment should remain known only to the two of us
• D. My idea of the usefulness of the equipment is shared by both

What was the reason for the delay at the faculty registration office?

• A. The lecturer's negligience
• B. The queue was endless
• C. John's delay in cleaning the office
• D. the lecturer was absent

The process by which a drop of ink spreads uniformly in a beaker of water is called

• A. absorption
• B. osmosis
• C. plasmolysis
• D. diffusion

Which of the following is a measure of the average kinetic energy of the molecules of a substance?

• A. Volume
• B. Mass
• C. pressure from age grades
• D. Temperature

One of the limitation of mechanization of farms is

• A. reduction in the cost of production
• B. exposure of soil to the effects of climate
• C. increase in yield of crops
• D. reduction of farm labour

Based on Femi Osofisan's Morountodun.

In the play, social change is achieved through

• A. collectivism
• B. sectionalism
• C. individualism
• D. communism

Which of the following is a unique feature of a feudalism ?

• A. One-party rule
• B. Multi-party system
• C. Military rule
• D. Lord-self relationship

The value of the multiplier depends on?

• A. MPC and level of income
• B. level of personal income
• C. level of personal savings
• D. government policy and MPC

Oil and Buns issued to the public 1,300,000 ordinary shares of 75k at a price of #1.50k. Application and allotment were received for 900,000 shares at 25k each.

The book value of issued share capital is

• A. #675,000
• B. #975,000
• C. #1,350,000
• D. #1,950,000