Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Accounts - principles of accounts
  6. /
  7. 2003
  8. /
  9. Q20
Question 20

Which of the following is a limitation of the money measurement concept?

  • A.efficient management is not disclosed
  • B.there is no basis for comparison
  • C.inter-period comparison is impossible
  • D.it does not allow choice of methods
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2003
Question no.
#20
Type
Objective
Previous · Q19The accounting concept that supports the application of double entry… Next · Q21 The account that shows both the cash and bank transactions of an enterprise is

More from this paper

  • Q16\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\…
  • Q17\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\…
  • Q18\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\…
  • Q22A control account is
  • Q23In a not-for-profit making organization, the cash book is summarized in the form…
  • Q24Which of the following is found in a receipts and payments account?
See all Accounts - principles of accounts 2003 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