Waec Accounts - Principles of Accounts Past Questions and Answers

Question 986:

• WAEC 2009

The depreciation on plant acquired by a manufacturing company is treated as

A. Prime cost
B. Administrative expenses
C. Factory overhead
D. Selling and distribution expenses

Question 987:

• WAEC 2009

As evidence of payment to a government treasury, revenue collectors issue

A. Treasury card
B. Receipt voucher card
C. Treasury receipt
D. Payment voucher

Question 988:

• WAEC 2009

Hardware in data processing refers to

A. Programs runs on the computer
B. Entry and storage of information on computer
C. Microsoft disc operating system
D. Mechanical components of the computer

Question 989:

• WAEC 2009

Which of the following is a self-balancing account?

A. Capital
B. Interst on capital
C. Drawings
D. Share of profit

Question 990:

• WAEC 2009

A medium of imputing data into the computer is through the use of the

A. Keyboard
B. Monitor
C. Software
D. Hardware