1.
The two forms of journal are
2.
The shortcut key Ctrl+V means?
3.
The part of the computer that serves as an input devices is ______
4.
The maximum number of owners a public Limited liability company is
5.
The account in which person’s or organization’s transactions are recorded is known as
6.
The minimum number of owners needed to form a public limited company Is
7.
The general means of exchange is _______
8.
The Debit side of account records ---------
9.
Wholesaler sell goods to the consumers through the ______
10.
The maximum number of members in a private limited liability company
11.
Manufacturer relate with the consumer through _________
12.
_____ is a buying and selling method, where the highest bidder buy the goods
13.
There are ------- forms of production
14.
If a biscuit seller supplies a shop with biscuit, the biscuit seller considers the money he is owed as
15.
The first form of production usually referred to as primary production consists of
16.
The two sides of Account are ----------- and -----------
17.
The following are disadvantages of private limited liability company except
18.
One of the following is not a channel of distribution
19.
The sum total keys on the computer is known as
20.
Which of the following is used as an evidence of payment
21.
All of the following are proper ways of browsing the internet except?
22.
Private liability company enjoys.
23.
The following are methods of buying and selling except one
24.
The major importance of insurance to an individual or a business is
25.
The kind of document in which original business transaction are first recorded is known as
26.
Trade do not improve our economy
27.
Double entry consist of ________and ________
28.
______ is the act of buying and selling of goods and services, which involves the buyer and the seller of goods and services
29.
In cooperative Society every members have equal rights and votes.
30.
Which one of this is not a principle for which insurance is based?
31.
The factor of production that organizes or coordinates other factors is
32.
What is the maximum number of persons that can be admitted into the society?
33.
System of book keeping in which transactions are recorded in both the debit sides and credit sides of the ledger at the same time is
34.
The following parties are interested in book-keeping except
35.
The most popular buying and selling methods in Nigeria is
36.
Only one of these can be insured with two insurance companies
37.
Journals apart from being a book of original entry also records the transfer of items between
38.
Which of the following is not a source document?
39.
One of the uses of journals is that it facilitates
40.
Law of double entry states that_____
