Waec Accounts - Principles of Accounts Past Questions and Answers

Question 1276:

• WAEC 2015

Which of the following is a spreadsheet application?

A. Excel
B. Word
C. Internet
D. Windows

Question 1277:

• WAEC 2016

External users of accounting information include

A. Employees
B. Management
C. Bankers
D. Directors

Question 1278:

• WAEC 2016

External users of accounting information include

A. Employees
B. Management
C. Bankers
D. Directors

Question 1279:

• WAEC 2016

Every asset should have

A. A non-monetary value
B. Tangible and intangible qualities
C. Monetary cost and future benefit
D. An inadequate monetary value

Question 1280:

• WAEC 2016

Which of the following are impersonal accounts ?
I. Investment
II. Creditors
III. Premises
IV. Debtors
V. Salaries

A. I, III and IV
B. I, III and V
C. II and IV
D. III and V