f August 2015 ~ EDU-MADE-EASY BLOG

Education is an ornament in prosperity and a refuge in adversity.

It is as impossible to withhold education from the receptive mind as it is impossible to force it upon the unreasoning. - Agnes Repplierg

Education aims to give you a boost up the ladder of knowledge.

Educating the mind without educating the heart is no education at all. - Aristotle

He who opens a school door, closes a prison.

If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest. - Ben Franklin

To the uneducated, an A is just three sticks.

To teach a man how he may learn to grow independently, and for himself, is perhaps the greatest service that one man can do another.

If you think education is expensive, try ignorance.

Education is what remains after one has forgotten what one has learned in school.

WAEC QUESTIONS CONTD



COMMERCE 101

Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started.......
1. A Shop Repairer is engaged in a?
a. Service Occupation
b. Manufacturing
c. Extractive Occupation
d. Commercial Occupation.
2. The goods that are used for the Production of other goods are known as?
a. Commercial Goods
b. Consumer Goods
c. Capital Goods
d. Non-Durable Goods.
3. Which of the following brings about Specialization?
a. Recruitment of Staff
b. Division of Labour
c. Business Resource

ECONS 101



ANSWERS TO REVISION QUESTIONS

Hello World, Happy Holiday to you all and Happy Friday and Happy Weekend. Its alot of Happy Points for Us this Season Guyz. Lolz- Hope this Holiday is Fun for You and All Your Loved Ones. It is Well in Jesus Name. Well for some weeks now, we have dealt solely on revision Questions gotten from WAEC Past Questions and Today we will try to Answer them, Hope you all tried them cos thats the only way you can truly be sure of your performance. Alright Let's get Started.........

1. C- How to Produce.

2. C- Balance of Trade.

3. B- Change in Demand.

4. A- Elastic.

5. A- Equality of the Ratio of Marginal Utilities and the Ration of Prices.

FINANCIAL ACC 101



ANSWERS TO REVISION QUESTIONS

Hello World, Happy Holiday to you all and Happy Friday and Happy Weekend. Its alot of Happy Points for Us this Season Guyz. Lolz- Hope this Holiday is Fun for You and All Your Loved Ones. It is Well in Jesus Name. Well for some weeks now, we have dealt solely on revision Questions gotten from WAEC Past Questions and Today we will try to Answer them, Hope you all tried them cos thats the only way you can truly be sure of your performance. Alright Let's get Started.........

1.  B- Cash book.     
        
2. B- Current Liability.

3. D- On Equal Basis.

4. A- Current Liability.

5. C- Amortization.

COMMERCE 101



ANSWERS TO REVISION QUESTIONS

Hey Everyone, How you doing. LOLZ, I hope this wasn't hard to figure out. I hope it was easy to get the answers to the Questions we had this past weeks. It's fun to test ourselves and know where to improve on and what we are really good at. Today, we are answering them together, So Good luck!!!!

1. B- Distribution and Exchange of Goods and Services.

2. B- Assists in Raising Capital.

3. B- Creation of Utilities.

4. C- Labour.

5. D- Extractive Occupation.

6. C- Packaging.

ECONS 101



REVISION QUESTIONS

Hey Readers, Thank God Its Friday Again!!!!... It's always the Feeling of Friday, The Feeling of Now i can Relax, so before we do, lets revise some questions in the spirit of Holiday. We are continuing the Revision of Questions of WAEC, JAMB, GCE etc. So Let's get Started....

37. The Differences between Birth Rate and Death Rate is known as ?
a.  Demographic Transition
b. Natural Growth Rate
c. Migration Rate
d. Fertility Rate.

38. Mr Okpoti has Meat and wants Maize, while Mr Adama has Maize and wants Meat.  A Transaction is possible because of?
a. Joint Demand
b. Scale of Preference
c. Double Coincidence of Wants
d. Opportunity Cost.

FINANCIAL ACC 101



REVISION QUESTIONS

Hey Everyone, Happy Holiday to you. I guess i would say this till the end of the Holiday Period. So once again Happy Holiday Season and Happy Summer to those of us Aboard. Have Fun and be Joyful but don't displease God in the process cos He's the reason you can have fun-Be Blessed. So in the Spirit of Holiday we are continuing revising all WAEC, JAMB & GCE Questions we can find to keep our mind fresh and in tune that way we are ready when schools resume again, so let's get started........

36. Which of the following is debited to Partner's Current Account?
a. Capital                                
b. Interest on Capital
c. Drawings
d. Share of Profit.

37. A Debenture Holder is a?
a. Creditor
b. Promoter
c. Debtor
d. Shareholder.

COMMERCE 101



WAEC QUESTIONS CONTD

Hey Readers, Happy New Week. Well its Holiday Season so it's time to slow down on the tutorials and intensify the questions revision from JAMB, GCE, WAEC etc in order to remember what we have done previously and to test ourselves. We started Last week and we are continuing today, So let's get started.......

37. Which of the Following receives Dividend based on Patronage?
a. Preference Shareholder
b. Co-operative Society Member
c. Cumulative Preference Shareholder
d. Debenture Holder.

38. If a Customer opens a Deposit Account with a Bank, he will
a. Receive a Crossed Cheque Book
b. Be given a Tally
c. Be given a Loan
d. Receive Interest.