Welcome to AD-ACCOUNTS .
Please read these instructions very carefully.
This exam will be 40 Multi-Choice Questions and is holding on July 15, 2025.
Enter the examination hall with your smart device. No smart device, no examination
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Answer the questions directly with your smart device
You have 25 seconds to answer each question
At the end, click “SUBMIT EXAM ” to grade your scripts and have your answers automatically sent into our database. You will also have the privilege of seeing your score displayed.
Do not ask your neighbour or involve yourself in any form of examination malpractice. If you do and you are caught, you will be disqualified immediately.
Please tick the option that is the BEST answer
All questions carry equal marks. You are expected to attempt all questions.
Good luck!
The full meaning of FAAC is ___
All these are method of calculating depreciation except
One of these is not a type of budget known to you
Is Trial Balance part of the account
All these errors will not affect the agreement of Trial Balance except
All of these are some of the internal financial control which the hospital has adopted except
This is a principal book of record in Accounting
All this are essentials of good tax system except
The Treatise on book keeping was written by
The difference between three column cash book and two column cash book
The dual-aspect principle in accounting makes it possible to check from time to time that correct entries of data have been made
All these are features of payment voucher except
The balance sheet of a company shows the financial position of a business
Name the odd one out in respect to the content of annual approved budget by federal government
For the purpose of ascertaining income of individual for tax purposes,the following deductions are specifically disallowed except
All these are approved deductions granted to tax payer from total assessable income except
18. The total sums of money advanced to officer to meet expenditure based on the current estimates in which vouchers cannot be prepared immediately to the AG of the federation is
All these are causes of depreciation except
One of these is not a type of voucher
The following is one of the usual method of pricing in accounting
All these documents must be attached to transcript except
One of these is not management function of the Accountant General of the federation
Who is the governor of CBN
All these are ways of detecting errors and fraud except
All these are merits of monetization policy to government except
One of these is not among the accounting basis which can be used
One of these is not a commercial bank in Nigeria
One of these is not approved allowance granted to an officer
26. All these are duty of an auditor except
The rules that must be followed while preparing payment voucher are except
All these steps are to be taken before a transcript is prepared except
All these books are important for accountant to be effective in his job except
All these document are to be kept permanently except
One of these is not a voucher internal control measures
The companies quoted in Nigeria stock exchange are called
One of these is not a reason for keeping vote book
These documents are to be keep for seven years accept except
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