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Accounts Principles Of Accounts 2021 Jamb Past Questions and Answers

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Accounts Principles Of Accounts 2021 Jamb Past Questions


Question 36 :



Which of the following stock valuation method is suitable under inflationary conditions?

A. LIFO
B. Simple average
C. FIFO
D. Weighted average


Question 37 :



The ordinary shareholders enjoy the following right except the right to

A. Receive dividends at a predetermined rate
B. Vote at annual general meetings
C. Elect the board of directors
D. Participate in additional issues of shares






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