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. 2013
  8. /
  9. Q16
Question 16

The accumulative fund of a non-for-profit making organization is

  • A.consistency concept
  • B.realization concept
  • C.going concern concept
  • D.business entity concept
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2013
Question no.
#16
Type
Objective
Previous · Q15Reserves account is kept in the Next · Q17 A business is treated as being separated from owners. This statement is…

More from this paper

  • Q12\(\begin{array}{c|c} \text{Net profit} & 60,000 \\ \hline \text{Total assets} &…
  • Q13The double entry principle states that
  • Q14Which of the following is a nominal account?
  • Q18Which of the following is recorded on the debit side of the Trial Balance?
  • Q19Use the following information to answer the question given \(\begin{array}{c|c}…
  • Q20Use the following information to answer the question given \(\begin{array}{c|c}…
See all Accounts - principles of accounts 2013 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