1.
Which of the following is not a source document?
2.
In cooperative Society every members have equal rights and votes.
3.
Trade do not improve our economy
4.
The minimum number of owners needed to form a public limited company Is
5.
A document that is written out by the seller whenever the buyer is undercharged on the invoice is called_______
6.
All of these are parts of the typewriter except?
7.
If a biscuit seller supplies a shop with biscuit, the biscuit seller considers the money he is owed as
8.
The purchase journal is also known as____________________
9.
The most popular buying and selling methods in Nigeria is
10.
The following risks are insurance except
11.
Private liability company enjoys.
12.
The book keepers enters the records of transactions into the
13.
Alphanumeric keys include _______and______
14.
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
15.
There are ------- forms of production
16.
Wholesaler sell goods to the consumers through the ______
17.
One of the uses of journals is that it facilitates
18.
_________letters are lined up on the top row
19.
______ is the act of buying and selling of goods and services, which involves the buyer and the seller of goods and services
20.
The maximum number of owners a public Limited liability company is
21.
Which of the following is not a way of taking care of the computer?
22.
What is the maximum number of persons that can be admitted into the society?
23.
---------- as a factor of production is a free gift of nature.
24.
Double entry consist of ________and ________
25.
Journals apart from being a book of original entry also records the transfer of items between
26.
The Debit side of account records ---------
27.
Which one of this is not a principle for which insurance is based?
28.
The sum total keys on the computer is known as
29.
One of the following is not a channel of distribution
30.
Public Limited Liability Company is owned by ------------------
31.
The two forms of journal are
32.
The first form of production usually referred to as primary production consists of
33.
__________is the document issued to the buyer by the seller when a business transaction is made
34.
The account in which person’s or organization’s transactions are recorded is known as
35.
In book keeping, a debit decreases the account balances for the following excepts
36.
The maximum number of members in a private limited liability company
37.
When goods are sold on credit to Mr. Adamu for #20,000, the double entry is ‘debit Mr. Adamu and credit _________________’
39.
Cooperative Society is managed by
40.
The typewriter and computer keyboards are both QWERTY keyboards
