Brilliant Minds School

🔥UTME 2024 LIKELY QUESTION

Accounting information is used by investors and creditors of a company to predict.
A.future cash flows of the company.
B.future tax payments of the company.
C.potential merger candidates for the company.
Appropriate renumerations for the company's staff.

QUESTIONS
1.One of the objectives of accounting is that it can be used for ............ A business decision making.
B.due process in business.
C.motivating employees. D.determine the work force.
2. one of the difference between bookkeeping and accounting is that the former
A.records data while the latter interprets it.
B.is regarded as the language of the business while the latter ascertains its strength.
C.interpret data while the latter records it.
D.summarise information while the latter communicates it.
3.Accounting information seeks to provide .
A.permanents records for all transactions.
B.analysis of accounts to trade debtors. C.audited reports on the account of a company. D.data about the employees of a company.
4. An Accountant must not only be interested in records keeping but also in .
A .the application of professional competency.
B.the accuracy of posting.
C.the casting of financial figure.
D.effective preparation of balance sheet.
5.The process of bookkeeping includes records produced from .
A.ledgers .
B.sources documents.
C.minutes of meetings.
D.intuititive reasoning.
6.A financial analyst need accounting information to ---------.
A maintain the production section of the business.
B.know why transactions cause increase and decreases in assets.
C.advise on how to manage the business.
D. Know how to record transactions in T account.
7.Verifiability in accounting is only possible when there are
A.minutes of the meeting.
B.payment vouchers.
C.source documents.
D.audit certificate.

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We are going to be discussing Accounting today

This is to inform our dear parents that summer coaching will commence on 9th of August,2021.We implore you to get ready and ensure your kids attend the coaching.

To all our esteemed parents,we are glad to remind you that today is another children's day. As we celebrate ,we pray that our labour over these children will not be in vain.
Also to remind you all that the there will be school tomorrow Friday 27th,We implore all of you to release them tomorrow.
HAPPY CHILDREN'S DAY.

Brilliant Minds School wishes all her parents HAPPY EASTER

The greatest investment in life is to invest in your child .Investing in your child will yield high return for you.

This is to inform our esteemed parents that there is public holiday today 2nd of April and 5th .The school will resume by 6th April,2021.

The future is meant for those that ready to pay the price now.

School resumes on 2nd November,2020.

The sacrifice you are doing today for your future will worth it when you achieve your goals /dream.stay focus you will definitely achieve it.