BOOK-KEEPING (F 05)
THURSDAY 6TH DECEMBER 2007 TIME: 10.00 –12.30 HOURS duration: 2½ HOURS
Candidates are demand to answer ALL questions in Section A. These are Multiple preference Questions where you are needed to write down the letter that corresponds to your survival of answer against the shape of that question in your answer book. apiece question is cardinal mark. You are then required to choose any quadruple questions from Section B. Marks will be lost for scurvy presentation and style. No reference materials of any kind whitethorn be taken into the examination.
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SECTION A Candidates are required to answer ALL questions in this section. These are Multiple Choice Questions where you are required to write down the letter that corresponds to your choice of answer against the number of that question in your answer book. Each question is one mark. A1. Which of the following is an item of capital pulmonary tuberculosis? a) b) c) d) Rent. Fixtures and fittings. Carriage inwards. Wages.
A2. Which of the following is not a liability? a) b) c) d) Loan. bound overdraft. Debtors. Creditors.
A3. Which of the following is not a book of prime access? a) b) c) d) Debtors account. Purchase Day Book. Cash Book.
Sales Returns Day Book.
A4. nett profit is:a) b) c) d) Sales slight the cost of goods sold. Sales less overhead expenses. Gross profit less overhead expenses. personify of Goods sold less overhead expenses.
A5. A cash deductive reasoning received is described as:a) A decrement give by suppliers when their accounts are settled within the time allowed. b) A reduction given to customers who pay their accounts within the time allowed. c) A reduction given by trade suppliers. d) A reduction given to trade customers. [Turn over]
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A6. Which of the following is an intangible asset? a) b) c) d)...If you neediness to get a full essay, order it on our website: Orderessay
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