Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. JAMB
  4. /
  5. Accounts - Principles of Accounts
  6. /
  7. 2002
  8. /
  9. Q0
Question 0

(i)Orientation (ii) Entity (iii)Legal status
(iv)Finance.
Which of the characteristics above distinguishes a profit-making from a not-for-profit-making organizations?

  • A.i, ii, iii and iv
  • B.i, ii, and iii
  • C.ii, and iii
  • D.i and ii
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2002
Question no.
#0
Type
Objective
Previous · Q0Stock or raw materials(1st January) 3000 Direct wages 2500 Direct expenses 1000… Next · Q0 Use the information below to answer questions Adex Ltd. issues stock to its…

More from this paper

  • Q0Given: Stock (1/4/94) N800 Purchases of flour N2450 Sales N4745 Wages of bakery…
  • Q0In preparing the final accounts, the bad debt account is closed by a transfer to…
  • Q0In a petty cash book the imprest is N1380. Expenses: Stationery N350 Cleaning…
  • Q0An entry in a subsidiary book which does not form part of the double entry…
  • Q0In an incomplete record, the preparation of the bank reconciliation ensures…
  • Q0In a petty cash book the imprest is N1380. Expenses: Stationery N350 Cleaning…
See all Accounts - Principles of Accounts 2002 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy