Development of accounting - Jamb Accounts - Principles of Accounts Past Questions and Answers

Question 11:

• JAMB 2007

The fourth stage of the accounting information system is?

A. Recording
B. Interpreting
C. Summarizing
D. Classifying

Question 12:

• JAMB 2009

Which of the following branches of accounting was first developed?

A. Cost accounting
B. Financial acounting
C. Management accounting
D. Petroleum accounting

Question 13:

• JAMB 2009

Which of the following branches of accounting was first developed?

A. Cost accounting
B. Financial acounting
C. Management accounting
D. Petroleum accounting

Question 14:

• JAMB 2011

The historical development of accounting reveals that it?

A. Deals with debit and credit of items
B. Is a product of financial development
C. Is a product of its own evironmnent
D. Is an ideal subject for finacial development

Question 15:

• JAMB 2011

The historical development of accounting reveals that it?

A. Deals with debit and credit of items
B. Is a product of financial development
C. Is a product of its own evironmnent
D. Is an ideal subject for finacial development