What item are you not expected to see on an Income Statement?
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A. Balance sheet.
B. Cash flow statement.
C. Staff loans book.
D. Income statement.
Answer: C
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A. Definitive purpose
B. it is for comparative analysis to be made within (intra) and between (inter) the industry.
C. Information purpose
D. Staff appraisal purpose.
Answer: D
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A. It is a statement of receipts and payments of an organisation.
B. It is a statement that records financial activities of a particular business organisation.
C. It is the annual statement of prepared by externalauditors.
D. It is those books of account kept by the Accountant.`
Answer: B
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A. It is the apex regulatory organisation for the Nigerian capital market.
B. It is a branch of the Nigerian Stock Exchange.
C. It is an armof the NationalAssembly of Nigeria.
D. It is the apex regulatory organisation for all security outfits in Nigeria.
Answer: A
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A. Securities and Exchange Commission.
B. Nigerian Security Market
C. Nigerian Stock Exchange
D. Nigerian Security Exchange.
Answer: C
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A. It is market for selling and buying capital projects.
B. It is a market for capital commodities.
C. It is normal market for all-purpose trading.
D. It is the meeting point for investors (lenders) and firms (borrowers).
Answer: D
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A. The mix of production and marketing costs.
B. The mix of fixed and variable costs.
C. Total cost of capital.
D. Cost of changing the organisational structure.
Answer: B
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