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 𝐉𝐀𝐌𝐁 𝟐𝟎𝟐𝟔/𝟐𝟎𝟐𝟕: 𝟐𝟎𝟎 𝐋𝐈𝐊𝐄𝐋𝐘 𝐀𝐂𝐂𝐎𝐔𝐍𝐓 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒 𝐀𝐍𝐃 𝐀𝐍𝐒𝐖𝐄𝐑𝐒 𝐔𝐒𝐈𝐍𝐆 𝐓𝐇𝐄 𝐉𝐀𝐌𝐁 𝐔𝐓𝐌𝐄 𝟐𝟎𝟐𝟔 𝐒𝐘𝐋𝐋𝐀𝐁𝐔𝐒 PART 1 — QUESTIONS 1–50 Topic 1: Nature and Significance of Book Keeping and Accounting 1. Which of the following best distinguishes book keeping from accounting? A. Book keeping involves interpretation, while accounting involves only recording B. Book keeping is concerned mainly with recording transactions, while accounting includes classification, summarization and interpretation C. Book keeping is for external users only, while accounting is for internal users only D. Book keeping deals with cost data only, while accounting deals with cash data only 2. Which branch of accounting is primarily concerned with the preparation and presentation of general purpose financial statements for external users? A. Cost accounting B. Management accounting C. Financial accounting D. Social accounting 3. The major objective of acco...

CLARIFICATIONS ON TERRORIST ATTACKS ON BORNO COMMUNITIES The Nigerian Army has reacted to a report  alleging over 40 soldiers were killed during recent terrorist attacks in parts of Borno State.  A statement by the Media Information Officer,Headquarters Joint Task Force, Operation Hadin Kai Lieutenant Colonel Sani Uba says, the misleading report, which relied largely on unverified sources, presents a distorted account of the incident and fails to reflect the gallant efforts of troops who bravely defended communities against terrorist assaults. The attacks on the multiple communities occurred when remnants of the Boko Haram terrorists, who had earlier been dislodged from the Sambisa Forest during sustained offensive operations by troops, regrouped and launched  night attacks from multiple directions on vulnerable communities and troops location around Konduga, Ngoshe, Mainok and Jakana general areas. Troops  responded swiftly and fought gallantly to repel the terroris...

The eruption of the Iran conflict has brought with it consequences that extend far beyond the Middle East . The region plays a key role in global energy supplies and shipping routes , prompting concerns that everything from heating bills to supermarket shopping baskets could become more expensive. Here are five ways the conflict might affect your day-to-day life. 1. Petrol and diesel prices start to increase The crisis has caused an immediate rise in fuel prices, as production and transport of oil and gas across the region has slowed or stopped entirely in many cases, but it is unclear how this may play out over the coming weeks and months. As of Monday in the UK, petrol cost an average of 132.14p per litre at the pump while diesel cost an average of 142.15p per litre, weekly official figures show. The RAC , which tracks daily prices, said between Saturday and Thursday average prices rose by 3p per litre for petrol, and 5p per litre for diesel. In the US on Tuesday, average petrol p...