Jamb Accounts - Principles of Accounts 2011 Past Questions and Answers

Question 46:

• JAMB 2011

Which of the following is a signatory to federal government account?

A. Auditor-General
B. Governor of Central Bank
C. Accountant-General
D. Persident

Question 47:

• JAMB 2011

The chief accounting officer of a local government is the?

A. Chairman
B. Treasurer
C. Director of personnel
D. Auditor

Question 48:

• JAMB 2011

Which of the following signs general warrant for the release of money from the consolidated revenue fund?

A. Minister of Finance
B. Chairman, Economic Advisory Committee
C. Permanent secretary
D. Minister of Economic Planning

Question 49:

• JAMB 2011

Find the average stock for the period

A. N27 000
B. N23 000
C. N28 000
D. N20 500