Waec Accounts - Principles of Accounts 2013 Past Questions and Answers

Question 36:

• WAEC 2013

the process of detecting, tracing and eliminating errors in a computer program is

A. Reproduction
B. Debugging
C. Sorting
D. Retrieving

Question 37:

• WAEC 2013

the process of detecting, tracing and eliminating errors in a computer program is

A. Reproduction
B. Debugging
C. Sorting
D. Retrieving

Question 38:

• WAEC 2013

The process of detecting, tracing and eliminating errors in a computer program is

A. Reproduction
B. Debugging
C. Sorting
D. Retrieving

Question 39:

• WAEC 2013

When the going concern concept is no longer applicable, the fixed assets are recorded at their

A. Net book value
B. Realizable value
C. Gross value
D. Revalued amount

Question 40:

• WAEC 2013

In a non-for-profit making organization, the cash book is referred to as

A. Income and expenditure acount
B. Receipts and payments account
C. Two column cashbook
D. Petty cash bok