Past Questions And Answers
If goods are sent to branch at 25% on cost, what will be the cost of goods sent to the branch at a selling price of ₦100,000?
- A. ₦130,000
- B. ₦75,000
- C. ₦80,000
- D. ₦125,000
The Hebrew kingdom broke up because of
- A. prophet Ahijah's curse against Solomon
- B. Solomon's marriage to foreign women
- C. Rehoboam's efforts to rule Shechem
- D. Rehoboam's refusal to grant the Northerners' petition
The area marked T is rich in
- A. coal
- B. tin
- C. iron ore
- D. limestone
Which of the following is not a contract of indemnity
- A. Marine insurance
- B. Fire insurance
- C. Life Assurance
- D. Burglary insurance
Which of the following are best explains the drift of population from rural to the cities in Nigeria?
- A. The cost of living in the cities is very high
- B. There are more job opportunities in the cities
- C. There is food scarcity in the rural areas
- D. Better recreational facilities are available in the cities
Nigeria's foreign policy of non-alignment was a reaction to
- A. British imperialism
- B. East-West ideological competition
- C. militarism of ex-colonial powers
- D. Third World poverty
List and explain five methods used by the Central Bank to control the activities of the commercial banks.
View Discussion (0)WAEC 2005 THEORYWhat form of market is found in an imperfect competition where there are few buyers and many sellers
- A. monopoly
- B. oligopoly
- C. duopoly
- D. oligopsony
Which of the following is found on the credit side of a profit and loss account?
- A. advertising
- B. dividend received
- C. wages and salaries
- D. bank charges
Simplify 0.63954 ÷ 0.003 giving your answer correct to two significant figures
- A. 213.18
- B. 213.00
- C. 213
- D. 210