| One of these is incorrect about Operational definition |
| Which of these is incorrect about the criteria for narrowing the scope pf a project or research topic? |
| A research proposal is not about one of these |
| A researcher will be better positioned to select a methodology that is capable of providing valid answer to a research through |
| Which of the following is not one of the major parts of the research report? |
| Which of the following is not an essential element of research report writing? |
| An integral part of the entire research process that makes valuabble contribution to every operational step is |
| One of these may be combined in a manner that it would help link all the variables of interest in a study to provide the right framework for the study |
| The area where a researcher wants to investigate and contribute his own quota to knowledge in the literature constitutes the |
| The research survey respodents are described in detail in which section of the research proposal? |
| Which of these sentence structure is best suited for survey or questionnaire questions? |
| Which of the following represents an appropriate APA in-text citing when an author’s words or views are paraphrased? |
| Which of the following represents an appropriate APA in-text citing when a number of authors present the same idea used by a researcher? |
| In the APA 6th edition , all entries in the reference section are aranged in |
| In the APA 6th edition , entries in each reference for a book follow this order |
| In the APA 6th edition, entries in each reference for a journal article follow this order |
| Participant observation falls into which kind of research method? |
| The studies using numerical data and those using non-numerical data are called respectively |
| A causal hypothesis can only be supported when at least one of the following elements is present |
| The characteristics of good research design are the following EXCEPT one |
| A collection of people living in a designated geographical area at a given point in time is known as |
| An example of probability sampling is |
| An effective survey or questionnaire question has the following attributes Except one |
| A research proposal does not perform one of these functions |
| All except One are among methods employed in non-experimental quantitative research design |
| Which one of these is not among the basic questions a resarch design addresses? |
| The preliminary pages of a research report typically includes all of the following Except |
| The introductory chapter of a research report |
| Which of these questions does not fit appropriately in determing the scope and limitations of a study? |
| An effective survey or questionnaire question has the following attributes Except one |
| In the equation of a straight line Y = c +mX, if m is equal to -2, then |
| If the slope of the regression line is calculated to be 2.5 and the intercept 16, then the value of Y when X is 4 is |
| In which of these sections of the research report is a researcher expected to fully interpret and evaluate his/her results? |
| The methodology section of the research report typically specifies all of the following Except |
| The diagram that serves as an aid to the researcher to easily visualise all relevant hypotheses for the study is |
| Which of these is not typically a sources of materials for the literature review for a researcher? |
| Which statement is correct? |
| One of these is not among the challenges of research in Public Administration |
| All Except one the listed variables are qualitative in nature |
| Which of these variables cannot be considered as a quantitative variable? |
| One of these is incorrect about Operational definition |
| Which of these is incorrect about the criteria for narrowing the scope pf a project or research topic? |
| A research proposal is not about one of these |
| Which of the following is not classified as a laboratory hazard? |
| Which of the following is not a type of flask? |
| Why is quartz glass used for some appliances? |
| Glass is still used for some appliances instead of plastic for all but one of the following reasons |
| Which of the following is not common to all scientific laboratories? |
| Bromosilicate glasses were formally known as |
| Which of these reagents should not be stored in glass bottles |
| One of these is a type of tube used in the laboratory |
| One of these is not a laboratory glassware |
| One of these will not be required in a biochemistry laboratory |
| Which of these is not a characteristic of research? |
| One of these is not a problem confronting the conduct of research in Public Administration in Nigeria |
| The systematc approach concerning the generalisation and formulation of theory is considered to be a |
| Which of the following is correct about Ex-post facto research? |
| The basic types of research are the following EXCEPT one |
| Quantitative approach to research can be categorized into all Except one of these listed |
| Chi-square test is a statistical tool used to test for |
| Qualitative approach to research is concerned with all of the following except |
| All except One are among methods employed in non-experimental quantitative research design |
| Which one of these is not among the basic questions a resarch design addresses? |
| The preliminary pages of a research report typically includes all of the following except |
| The introductory chapter of a research report |
| Which of these questions does not fit appropriately in determing the scope and limitations of a study? |
| An effective survey or questionnaire question has the following attributes Except one |
| If there were a perfect positive correlation between two interval/ratio variables, the Pearson’s correlation test would give a correlation coefficient of |
| What is the median of the following set of scores? 18, 6, 12, 10, 14 |
| Regression analysis |
| In the equation of a straight line Y = c + mX, the term m is the |
| In the equation of a straight line Y = c +mX, if c is equal to zero, then |
| In the equation of a straight line Y = c +mX, if m is equal to -2, then |
| A researcher will be better positioned to select a methodology that is capable of providing valid answer to a research through |
| Which of the following is not one of the major parts of the research report? |
| Which of the following is not an essential element of research report writing? |
| An integral part of the entire research process that makes valuabble contribution to every operational step is |
| One of these may be combined in a manner that it would help link all the variables of interest in a study to provide the right framework for the study |
| The area where a researcher wants to investigate and contribute his own quota to knowledge in the literature constitutes the |
| The research survey respodents are described in detail in which section of the research proposal? |
| Which of these sentence structure is best suited for survey or questionnaire questions? |
| Which of the following represents an appropriate APA in-text citing when an author’s words or views are paraphrased? |
| Which of the following represents an appropriate APA in-text citing when a number of authors present the same idea used by a researcher? |
| In the APA 6th edition , all entries in the reference section are aranged in |
| In the APA 6th edition , entries in each reference for a book follow this order |
| In the APA 6th edition, entries in each reference for a journal article follow this order |
| Participant observation falls into which kind of research method? |
| The studies using numerical data and those using non-numerical data are called respectively |
| A causal hypothesis can only be supported when at least one of the following elements is present |
| The characteristics of good research design are the following EXCEPT one |
| A collection of people living in a designated geographical area at a given point in time is known as |
| An example of probability sampling is |
| An effective survey or questionnaire question has the following attributes Except one |
| Which of the following is not a derived unit? |
| What is the SI unit of electric charge? |
| Siemen is the SI unit of which of the following physical quantities? |
| Which of the following is not true of errors? |
| Which of the following is not related to spectrophptometry? |
| Which of the following types of light is photometry concerned with? |
| To which of the following colour(s) are people less sensitive? I. green, II. red, III. violet |
| Which of the following is the most widely used method for determining the concentrations of biochemical compounds? |
| Which of the following is not a type of colorimeter used in laboratories? |
| Which of the following laws state that the absorbtion of a monochromatic light passing through an absorbing medium is directly proportional to the concentration of the absorbing molecules for a constant path length? |
| A firm intends to invest in a new plant costing N8million and depreciated on straight line basis to zero over its 5-year life. The plant will generate after-tax profits (N’000) in Year 1 N1,545; Year 2 N1,401; Year 3 N1,605; Year 4 N1,700; Year 5 N1,210. What is its accounting(average) rate of return? |
| Given thefollowing data for a new proposed project: Initial cost N75,000; Annual net cashflows N18,000; Salvage value N3000; Useful life 5 years; Cost of capital 8%. What is the project’s NPV? |
| What is the project’s IRR if the salvage value of N3000 in Question 2 is ignored? |
| Find the profitability index (PI) for a project with this set of cashflows if the discount rate is 10%. Year 0= N12,500; Year1 = N9,000; Year 2= N2,000; Year 3= N3,000; Year 4= N5,000 |
| Individuals who given a choice between more or less risky investments with identical expected monetary benefits would prefer the latter are said to be |
| Four projects are evaluated as follows Project Initial Outlay PV of Cashflows PI A N100,000 N150,000 1.50 B N300,000 N400,000 1.33 C N500,000 N650,000 1.30 D N800,000 N900,000 1.13 Projects A and B as well as C and D are mutually exclusive but all are divisible. If there is no capital shortage which them should be undertaken? |
| Abico Construction Ltd is considering four projects in locations in FCT, Abuja as follows Project Initial Outlay PV of NCFs Asokoro N800,000 N900,000 Wuse N500,000 N650,000 Bwari N100,000 N150,000 Kuje N300,000 N400,000 All projects are divisible but Asokoro and Wuse as well as Bwari and Kuje projects are mutually exclusive. If budgeted funds are limited to N500,000 which projects should be undertaken? |
| Business firms can be classified as investment intermediaries because |
| A series of payments or receipts of a fixed amount for a specified number of periods is called |
| A customer of a bank deposited N7,000 in a savings account paying 10% interest compounded annually. How much will she have in the account at the end of 6 years? |
| A middle-level civil servant wishes to determine how much he will have in his bank account by depositing N10,000 at the end of each year for the next 4 years if annual interest rate is 11%. |
| At the end of 3 years from now a worker intends to replace his old car with a fairly used car estimated to cost N175,000. How much should he set aside at the end of each year to achieve this if the yearly instalment will earn 10% interest per annum? |
| An investor in the Nigerian stock market is thinking of acquiring some shares of XYZ Plc and the rates of return expectations are given as follows: Return Probability 0.05 0.20 0.10 0.40 0.08 0.10 0.11 0.30 What is the expected return or mean on his investment? |
| Information about a new project’s revenues and costs are given as follows:Building and equipment N560,000; Annual revenue N520,000; Annual operating costs N380,000. The building and equipment have a useful life of 20 years and are depreciated on straight line basis. Assuming corporate income tax rate of 40%, what is the project’s payback period? |
| What is the accounting(average) rate of return of the new project in Question14 assuming average original cost? |
| Slox shop offers its medium range of Android phones for N30,000 down payment and charges N5,500 per quarter for the next 2 years. If interest is charged at 14% compounded quarterly, what is the equivalent cash value to a prospective buyer? |
| The utility function of a risk averse investor obtained by plotting utility along the vertical axis and his/her wealth along the horizontal axis is to the origin |
| One of these types of projects could be described as a “conventional project” by virtue of its cashflow pattern |
| One of the following reasons is not why wealth maximisation is better than profit maximisation as an objective of a business firm |
| All Except one of these are correct attributes of the NPV technique of capital budgeting |
| Which of these is the science concerned with measuring human visual response to light? |
| The following are essential amino acids found in proteins EXCEPT ____. |
| Which of the following chemical tests is used for detecting the presence of peptide bond? |
| A decrease in pH of one pH unit is best described as _____. |
| _____ is used in biochemical experiment when the pH needs to be accurately controlled. |
| The following are materials used in the colormetric estimation of inorganic phosphates except ____. |
| Deviation from Beer-Lambert’s law occurs in all but one of the following; when: |
| A method of plotting assay data that is used to determine the concentration of a substance is known as _______ . |
| One of these is an example of a quantitative research tool. |
| Which of these pH value is considered as neutral pH? |
| All but one is a function of a director |
| The question whether a company has profits from which to pay a dividend is determined by |
| Which of these is a rural based co-operative? |
| Protecting members of agricultural co-operative from the exploitation of middle-men can be achieved through |
| what year was the first documentation of a co-operative policy by a indigenous government was issued |
| the Caxton-Idowu Panel on Review of cooperative principles, laws and regulations in Nigeria was instituted in |
| which of these is part of the sectoral policy on agricultural co-operatives under the Green Revolution programme |
| all but one is a way in which government aids co-operative development |
| based on the Caxton-Idowu Panel on Review of cooperative principles, laws and regulations, which of these is not an objective of the development of co-operatives |
| The cooperative organisation whose membership is made up of primary cooperative societies |
| Etymologiquement, le mot « méthodologie » se compose de combien de mots ? |
| L’ensemble des démarches raisonnées, suivies pour parvenir à un but est appelé |
| D’où vient le mot « méthode » ? |
| L’ensemble des manières fondamentales de faire un travail afin d’accomplir un devoir ou bien l’ensemble des techniques objectives que l’on met en usage pour réaliser une tache |
| La Méthodologie est définie comme |
| Dans la méthodologie de l’enseignement du français, l’époque traditionnelle est une période dominée par |
| L’ère de la méthode traditionnelle aussi appelée méthode |
| La méthode traditionnelle permet |
| La méthode traditionnelle met l’accent sur |
| Les didacticiens de l’ époque traditionnelle mettaient l’accent sur |
| L’application et l’usage de la méthode traditionnelle sont trop concentrés sur le professeur car c’est lui |
| Les apprenants pendant la méthode directe ne faisaient que |
| L’idéologie de la méthode directe est de mettre l’accent sur |
| La méthode directe/moderne est créée |
| La méthode S.G.A.V. veut dire |
| La méthode S.G.A.V a vu le jour dans les années |
| La méthode S.G.A.V est créée grâce à |
| La méthode S.G.A.V |
| La méthode S.G.A.V est basée sur l’usage des |
| L’approche communicative est créée pour |
| the registered society of which the principal object is to make loans available to other registered societies is |
| which of the following is untrue? |
| The first documentation of a co-operative policy by a indigenous government was issued in |
| The cooperative organisation whose membership is made up of at least ten persons is |
| the co-operative societies Management Committees consists of ______ members |
| ______ acts as a watchdog role over all aspects of financial management |
| The function of the Secretary of the Management committee can be delegated to____ |
| which of these is not a function of the secretary of the management committee |
| when shall a management committee member cease to become a member of the committee? Failure to attend ___ consecutive meetings |
| all but one is untrue |
| La méthode communicative tient compte |
| L’objectif primordial de l’approche communicative est |
| Laquelle des méthodes d’enseignement propose « une immersion totale » pour que l’apprenant puisse communiquer efficacement ? |
| Quelle méthode propose la participation de l’apprenant dans le processus d’apprentissage ? |
| Quelle approche considère l’apprenant comme un vase à remplir par l’enseignant ? |
| Un document authentique veut dire un document |
| Que veulent dire « théories linguistiques » ? |
| Qui est l’auteur de Cours de linguistique générale ? |
| La Grammaire Générative Transformationnelle est proposée par |
| L’ouvrage linguistique intitulé Syntactic Structures est publié par |
| La méthode S.G.A.V est créée grâce à |
| La méthode S.G.A.V |
| La méthode S.G.A.V est basée sur l’usage des |
| L’approche communicative est créée pour |
| La méthode S.G.A.V. veut dire |
| La méthode S.G.A.V a vu le jour dans les années |
| L’application et l’usage de la méthode traditionnelle sont trop concentrés sur le professeur car c’est lui |
| Les apprenants pendant la méthode directe ne faisaient que |
| L’idéologie de la méthode directe est de mettre l’accent sur |
| La méthode directe/moderne est créée |
| La méthode traditionnelle permet |
| La méthode traditionnelle met l’accent sur |
| Les didacticiens de l’ époque traditionnelle mettaient l’accent sur |
| Etymologiquement, le mot « méthodologie » se compose de combien de mots ? |
| L’ensemble des démarches raisonnées, suivies pour parvenir à un but est appelé |
| D’où vient le mot « méthode » ? |
| L’ensemble des manières fondamentales de faire un travail afin d’accomplir un devoir ou bien l’ensemble des techniques objectives que l’on met en usage pour réaliser une tache |
| La Méthodologie est définie comme |
| Dans la méthodologie de l’enseignement du français, l’époque traditionnelle est une période dominée par |
| L’ère de la méthode traditionnelle aussi appelée méthode |
| Qu’est-ce qu’une leçon ? |
| Qu’est-ce qu’un Plan de cours ? |
| L’importance d’un plan de cours est |
| Qui est l’auteur de Cours de linguistique générale ? |
| La Grammaire Générative Transformationnelle est proposée par |
| L’ouvrage linguistique intitulé Syntactic Structures est publié par |
| Laquelle des méthodes d’enseignement propose « une immersion totale » pour que l’apprenant puisse communiquer efficacement ? |
| Quelle approche considère l’apprenant comme un vase à remplir par l’enseignant ? |
| Un document authentique veut dire un document |
| Que veulent dire « théories linguistiques » ? |
| What is the number of moles of NaCl in 3 litres of 3 M solution ? |
| Which of the following changes with temperature? |
| Nucleic acids can be analyzed experimentally by their ___________. |
| RNA differs from DNA in all of the following ways EXCEPT _____________. |
| RNA is sometimes the genetic material in ______________. |
| Further purification during the isolation of RNA from yeast can be made by treating the preparation with ____________. |
| The denatured protein during RNA isolation from yeast is removed by ___________. |
| The difference between Benedict’s and Barfoed’s test is ___________. |
| Complete hydrolysis of starch is proved by positive ____________ test. |
| The following are in Fehling’s reagent EXCEPT____. |
| Okeke is interested in a 3-year investment paying 15% interest rate per annum. If he ininvests N625, how much will his investment be worth at the end of the period? |
| A trader borrowed N25,000 from his bank and agreed to amortise his debt, principal and interest at 14% by equal payments over the next 19 years the first due in one year. What is the annual repayment on his loan? |
| A financial institution bought some shares for a client at the rate of N25 per unit at the beginning of the year. Assuming a dividend of N4.30 is paid on each unit at the year and he can sell a unit of his shares for N35 at the end of the year, what is his total return? |
| Av. Annual Rate of Return (%) SD(%) Treasury bills 4.1 3.7 Govt. bonds 5.3 8.5 Corp. bonds 6.5 9.0 Ord. shares 11.0 18.3 Given the return and risk performance of the listed financial assets pver a period of time, select is the most risky. |
| Which of the listed financial assets in Question4 would a risk-seeking investor prefer? |
| One among these steps is out of the sequence in financial decision making process. |
| One of these is not among the important reasons why the NPV method is favoured over the IRR method in investment decision making |
| Which are the correct expected return and standard deviation of the following probability distribution and associated rates of return? Probability Rate of Return 0.2 0.18 0.50 0.22 0.30 0.45 |
| Given the following set of cash flows what is the profitability index(PI) if discounted at 10%? Year Cashflow(N’000) 0 140 1 60 2 100 3 300 4 40 |
| Four projects M, N, O, P are being considered by a firm facing capital shortage in the current year. In what order of preference should the projects be selected in order to maximise NPV without any of them being deferred given the following data? Project M N O P PV of total cost over project’s life (N’000) 60 70 40 35 PV of cost in current year (N’000) 30 65 30 25 NPV of project (N’000) 25 90 60 45 |
| The net present values of a project have been estimated as follows Discount Rate (%) NPV(N’000) 18 30 20 25 22 -15 Determine the best approximation of the project’s internal rate of return |
| A manufacturing firm uses a cost of capital of 12% and plans to invest N7 million in a new machine with a life of 4 years. The units to be produced by the new machine will sell at N9.20 and will cost N6 each to make. It is expected that 8,000 units will be produced and sold each year. At what level of sales revenue per unit will the project’s NPV be zero? |
| At what level of variable cost per unit will the above project’s NPV be zero? |
| At what discount rate will the same project’s NPV be zero? |
| Financial decisions are usually determined by |
| Assuming a customer of a bank deposits N950 today in his account paying 8%interest compounded annually, how much is due to him at the end of 5 years? |
| A savings account customer wishes to determine how much will be in his account by depositing N12,000 at the end of each year for the next 4 years if interest rate is 11% per annum. How much will be in his account? |
| Suppose you are expecting the sum of N20,000 at the end of 5 years from now. What amount would you be willing to accept today instead of the amounted promised if you can earn interest at 11% per annum? |
| A 55-year old staff of a commercial bank will retire at the age of 65 and expects to live up to age 75. Assuming a 10% rate of return, what is the amount he must have available at age 65 in order to receive N10,000 annually from retirement until death? |
| A project analyst need not take one of the following into consideration in estimating the cashflows from projects |
| A machine to produce and market a new product with estimated demand of 6000 units annually will cost N55,000 but will have zero salvage value at the end of 6 years. The new product will sell at N12 per unit and involve labour and material costs of N6 and N4 per unit respectively. If the cost of capital is 13%, at what level of sales volume will the project’s NPV be zero? |
| At what selling price per unit will the above project’s NPV be zero? |
| Topex Ltd is considering a 4-year project estimated to cost N2 million. At today’s prices annual sales and expenses are expected to be N1.5 million and N800,000 annually respectively. Price inflation is estimated as follows: general price level 7%; sales prices 5% and expenses 8%. What is the project’s NPV if nominal cost of capital is 12%? |
| The utility function of a risk averse investor obtained by plotting utility along the vertical axis and his/her wealth along the horizontal axis is to the origin |
| One of these types of projects could be described as a “conventional project” by virtue of its cashflow pattern. |
| One of the following reasons is not why wealth maximisation is better than profit maximisation as an objective of a business firm. |
| The NPVs of a project have been estimated as follows: Discount rate(%) NPV(N’000) 10 48 15 18 20 -2 Determine the best approximation of the project’s IRR |
| The following data relate to a proposed new project by an Apapa.based firm: Initial cost N80,000; Annual net cashflows N21,000; Useful life 6 years; Salvage value N3000 and Cost of capital 9%. What is the project’s NPV? |
| Using the data in Question 8 and ignoring the salvage value of N3,000, what is the project’s IRR? |
| A firm has the opportunity to invest in one of the following four projects as follows: Project Initial Cost PV of CFs A N8,900 N12,600 B 7,500 8,050 C 3,850 5,350 D 2,370 4,055 The firm’s cost of capital is 12%. Using Profitability Index, which project would you recommend? |
| A project has the following expected cash flows over its 4-year life Period Cashflow (N) 0 -17,800 1 8,000 2 4,000 3 6,000 4 6,000 What is its IRR? |
| Which of these characteristics does not apply to the discounted cashflow methods of project evaluation? |
| One of the statements is not an attribute of the definition of risk to a decision maker |
| Faced with 4 projects with expected returns and probability as follows: Prob. A B C D 0.2 N200 N160 -N100 N90 0.5 160 120 100 200 0.3 90 90 200 120 Which project has the highest expected value? |
| Which project in Question 14 is the riskest? |
| Which of the projects in Question 14 has the least risk per Naira of expected value? |
| Given the data for four firms’ shares below: Prob. A B C D 0.2 -5% 10% -5% 8% 0.6 20 15 15 17 0.2 40 20 45 25 Which of them has the highest expected value? |
| Which of the projects in Question 17 is the riskiest? |
| Which of the projects in Question 17 would a risk-averse investor prefer? |
| The estimation of relevant cashflows for capital budgeting should be done on an after-tax basis because |
| One of these is not a simple carbohydrate. |
| Which of these is not involved in Molish test ? |
| Which of these coloration is formed when iodine solution reacts with glycogen ? |
| Which of these tests is necessary for quantitative detemination of carbohydrates? |
| In the enzymic oxidation of of β-D-glucopyranose which of these is not involved? |
| Which of these is not likely to be involved in the quantitative determination of glucose using glucose oxidase method ? |
| At which of these wavelenghts is absorption read in quantitative estimation of reducing sugars by the dinitrosalicylate method ? |
| At what temperature should absorbance be read in quantitative estimation of reducing sugars by the dinitrosalicylate method |
| Which of these reagents is not necessary for a quantitative test? |
| Which of these tests is necessary to prove the complete hydrolysis of starch ? |
| Rf value is characteristic for a particular component and can be calculated as: |
| In paper chromatography,which of these replaces Silica gel used in Thin Layer Chromatography? |
| Which of these account for the blue coloration seen in glucose estimation using Folin-Wu Method ? |
| Folin-Wu Method is used for estimation of glucose in a _______ |
| Which of these will not be necessary in carrying out glucose estimation by Folin Wu Method? |
| Why is a white precipitate formed in the estimation of glucose by Benedict’s titration ? |
| One of these is not present in Benedict’s reagent |
| One of these colours is correct final end point in estimation of glucose using Benedict’s Titration |
| Which of these reagents will not be required in the determination of iodine number of a lipid sample ? |
| Which of these expressions is the odd one? |
| ______ is entitled to recover an unlawful distribution from its members if at the time of receipt they knew or had reasonable grounds for knowing that it was unlawful |
| A registered society may produce ________ if the latest annual accounts do not disclose a sufficient distributable profit to cover the proposed dividend |
| which of these should be considered in selecting a manager |
| the promulgation of the Co-operative Societies (Miscellaneous provisions) ordinance was in |
| Whose opinion is relied on to determine payment of divident |
| subsequent annnual general meetings are held every |
| which of these is not an agricultural inpute |
| All but one is a solution provided by agricultural co-operatives for the farmers |
| which of the following is untrue? |
| Cooperative societies have become ubiquitous and can be found in virtually every conceivable human organisation. In fact the NOUN should, or rather boasts, proudly, of a cooperative society owned by the members, managed by the members and for the benefit of the members. And they are all employees of the Unversity. But the argument has been whether a public civil servant can form and join the a cooperative society |
| According to ____ “ the constitution is a historically discontinuous composition, it is the product, overtime, of a series of not altogether coherent common promises; it mirrors vision or philosophy but reflect instead a set of sometimes reinforcing and sometimes conflicting ideas and notionâ€. |
| Constitutional law is mainly concerned with the structure of the primary organs of government, whereas administrative law is concerned with the work of official agencies. |
| A Constitution whether written or unwritten, rigid or flexible, unitary or federal etc. has ____ natures. |
| Generally, the concept of federalism relates to the division of knowledge between national government, and other regional or state governments and sometimes local governments. |
| Lord ____ was of the view that “… the natural and literal interpretations of the word ‘federal’ confines its appellation to cases in which states while agreeing in a measure of delegation of powers to a common government yet in the main continue to preserve their regional constitution. |
| In Nigeria, federalism came about as a result of the multi-ethnic nature of the country. |
| Separation of powers is one of the devices used by the Anglo-American systems of government to protect the rule of law and allow exercise of arbitrary power by the sovereign. |
| The concept of separation of powers may mean ___ ? |
| The organization of government under the military rule is in accord with the concept of separation of power. |
| “Freedom of men under government is to have a standing rule to live by, common to everyone of that society, and made by legislative power created in it and not be subject to the constant and unknown arbitrary will of another man.” Who made this statement? |
| Auditing involves auditors gathering and evaluating evidence on the representation made by |
| One of the these is not a primary objective of Auditing |
| Regulation of Audit and Assurance services is effected through the following except |
| The remuneration of the Auditor can be fixed by the following depending on the circumstances of appointment |
| Any officer or director of a company who gives misleading, false or deceptive information on which the auditors acted upon shall be liable to |
| One of the following is not a form of assurance engagement |
| The professional accountant shall not knowingly be associated with reports or other information where he believes that the information |
| This occurs when an auditor has a long or close relationship with a client |
| The national code of corporate governance states that the risk management committee shall have the duty to do the followinf except |
| One of these is not of audit testing |
| Auditor compares the evidence he has gathered and evaluates the accepted accounting practice to know whether they are in agreement to enable him |
| One of these is not a classification of Audit workdone by the Auditor |
| The appointment of an Auditor is the responsibility of |
| The rights of the auditor includes all except to: |
| The following are examples of assueance engagement except |
| ___________ sets out how the audit is to be conducted, its scope, timing and direction |
| One of the following is not a fundamental principle a professional accountant should comply with: |
| Corporate governence covers the following areas except |
| The list of questions designed to determine whether desirable controls are present for each major transaction cycle is known as |
| An auditor shall express a _______________ opinion when he has obtained sufficient appriopriate audit evidence that mis-statements are material but not pervasive to the financial statement |
| Which type of organizational purchase situation occurs when the purchase is of minor importance and is not complex? |
| In high-tech markets, who is most likely to recognize a problem or need to purchase? |
| Which of the following can possibly be part of the informal information search process for organizational buyers? |
| A commercial firm in which stock is widely traded is known as a(n) _____. |
| Payments, warranties, delivery dates, and so forth represent _____. |
| Which of the following sources is rated as the most important information source for purchasers and purchase influencers within organization? |
| The beliefs and attitudes an organization’s members have about the organization and how it operates is known as _____. |
| What supports back-office operations and strategic analysis and includes all systems that do not deal directly with the customers |
| Organizations have a type of self-concept and lifestyles that the text refers to as _____ |
| Which term is often used to refer to the organizational culture of a business firm? |
| _____ involve both organization characteristics (e.g., size, activities, and location) and characteristics of the composition of the organization (e.g., gender, age, education). |
| Which of the following variables represents an organization’s firmographics? |
| Which of the following is NOT a component of firmographics? |
| Which of the following statements is FALSE regarding a firm’s size? |
| Organizational objectives can be categorized as _____. |
| Which of the following is NOT a category of organizational objectives? |
| Organizational activities can be categorized as _____. |
| The American Red Cross participates in fund raising activities all throughout the year. How would this be classified with respect to general organizational objectives and the nature of the organizational activity? |
| General Electric commits millions of dollars a year to research and development to develop new products. How would this be classified with respect to general organizational objectives and the nature of the organizational activity? |
| A commercial firm in which stock is widely traded is known as a(n) _____. |
| Roger owns 200 shares of stock in Home Depot. Which type of commercial firm is Home Depot? |
| A commercial firm in which one or a few individuals owns a controlling share of the firm is known as a(n) _____. |
| Which of the following is NOT an objective uncovered through research that drives the management of privately held firms? |
| The types of individuals who work in the organization represent the organization’s _____. |
| The culture of most organizations is influenced most heavily by which of the following? |
| Organizations with distinguishing firmographics can be grouped into market segments through a process called _____. |
| Innovative organizations that derive a great deal of their success from leading change are referred to as _____. |
| Which of the following is NOT considered a user reference group in organizational buying? |
| Which of the following can influence an organization’s decision to buy or not buy a given product, or to buy or not buy from a given supplier? |
| Lead users tend to accelerate diffusion of information through infrastructure, which is labeled as _____. |
| Which of these offers the advantage that the entrepreneur has the ability to develop and design the business in the entrepreneur’s own way? |
| For Internet start-ups, one typical source of first funds is through |
| The final step in the start-up process is often the |
| John is an entrepreneur. At this stage of his company , his main concerns are do we have enough customers and money. What stage of growth is Felix’s company in? |
| Entrepreneurs take the risk of starting a business for all of the following reasons except: |
| An entrepreneurial team is: |
| An incubator is: |
| A business plan for a new business does not need to include: |
| The primary concerns when first starting your business are |
| What are the primary sources of funding for entrepreneurs? |
| If an entrepreneur has an internal locus of control, this means that he/she: |
| The process of gathering information about trends is called: |
| The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing |
| The startups which rarely go public are called: |
| Which of the following factor can create the managerial difficulties in the joint ventures between foreign companies? |
| In which of the following situation the company is considered to be on breakeven point? |
| Which one of the following is a business arrangement in which someone else is allowed to use something of the company? |
| Information regarding all of the following is related to operations, EXCEPT: |
| Which one of the following is a sound strategic option for an entrepreneur when synergy is present? |
| Why should an entrepreneur do a feasibility study for starting a new venture? |
| Entrepreneur actually starts setting up of an enterprise by |
| Which of the following is least likely to influence the timing of new business births? |
| Which of the following is usually not a barrier to market entry for a small firm? |
| Which of the following statements is false? Electronic commerce: |
| Generally speaking the risk involved in launching as a franchise is greater than that as a start up. True or false? |
| Venture capital firms are usually organized as |
| The entrepreneur who is committed to the entrepreneurial effort because it makes good business sense is classed as a/an_____________________ |
| To the __________, physical location does not matter because the Internet allows anyone to link to any Web site no matter where in the world that site might be. |
| Being interested in computers, Jim Johnson came up with an idea of personalizing the screen saver programs with family pictures. After trying a couple of programs, Jim started marketing this service to neighbors and area businesses. Jim’s activities can be described as a(n) |
| Today, ………….inspired by the growth of companies such as Amazon.com, entrepreneurs are flocking to the to start new businesses. |
| The statements below are true about Audit except |
| The audit approachhed that tries to authenticate the validity and accuracy/correctness of accounting records is ___________ |
| The following persons are disqualifed from serving as an auditor of a company except |
| Where a notice of resignation is deposited by an auditor at the company’s registered office, the company shall send a copy of the notice to CAC within |
| One of the following is not an element of assurance engagement |
| ___________ is a detailed programme giving instructions as to how each area of the audit will be conducted |
| This occurs when a firm or a member of the assurance team could benefit from a financial interest in an assurance client |
| According to National code corporate governance, the board Audit committee shall be composed of at least ___________ members |
| __________ are audit programmes designed to obtain audit evidence as to whether internal control system are been complied with |
| The acronym EOM in Audit means |
| In ………… cooperative society each member has his own farmland. |
| A Co-operative Investment and Credit Society is a variation of Co-operatives ………………………………society. |
| ………………..who are so interested can form a building Co-operative Society. |
| ……………….. Cooperative society main purpose is getting clothing materials, which have been bought in bulk by the society. |
| …………. reasons constitute the major motive why people join or form Cooperative. |
| Co-operatives offer group ……………to their members against physical or spiritual threats from outside. |
| Some people join the Co-operative because they want to be like their ………….. |
| The desire to join Co-operatives may also be to obey customs or ……………… |
| Access to essential commodities, credit, inputs etc. is made conditional upon …………… |
| The Co-operative is thus established to…………….the interest of the members. |
| …………. reasons constitute the major motive why people join or form Cooperative. |
| Co-operatives offer group ……………to their members against physical or spiritual threats from outside. |
| Some people join the Co-operative because they want to be like their ………….. |
| The desire to join Co-operatives may also be to obey customs or ……………… |
| Access to essential commodities, credit, inputs etc. is made conditional upon …………… |
| The Co-operative is thus established to…………….the interest of the members. |
| In the case of the ……. Co-operatives, reduced prices can be obtained for members through the activities of the co-operative. |
| The small producer or marketer will not be accepted as…………. for business transactions by the big final user. |
| In the free ………. economy any organization that fails to adapt will perish. |
| Transfer of ……… is possible because the Co-operative now makes a decision concerning the future. |
| Control and administration of the co-operative society by members, is the …………aspect of the principle of democratic member control. |
| Co-operative organizations like all business organizations require ……….. to finance their numerous activities. |
| The ………………. of co-operative should not only be effective but also efficient in order to make profit. |
| A co-operative is a form of business organization which is formed by a group of …………… |
| The …………..that initiated and successfully formed a co-operative are also the real owners of the business. |
| In co-operative, business ………………. is based on one-member one vote irrespective of the number of shares a member is holding. |
| In Co-operatives equitable distribution of ……………. must be done with fairness and justice. |
| …………… refund is not obligatory but equitable distribution. |
| The net surplus can be used to set up …………… outside the cooperative society. |
| The member that delivered the highest quantity to the society would receive the corresponding highest …………….. |
| In Nigeria, cooperatives are often funded and controlled by the ………… |
| Departments which transfer goods from one department to another department for further processing are known as |
| The following are problems of cooperative management, except; |
| A firm has three departments M,N and O with floor space ratio 2:3:5 respectively incurred ₦120,000 for rent. Calculate the amount to be allocated to department M |
| The aim of ……. is to promote the emergence of independent, economically viable and democratic cooperative organizations in all sectors of the economy. |
| one of the following is a method used to account for branch stock transactions where goods are sent to branch at a price other than cost price |
| ……..refer to the governing body of a registered cooperative society to whom the management affairs is entrusted as a “committeeâ€. |
| To record bad debt in branch account |
| The committee of societies at the state apex level and above is called …………. |
| The treatment of exchanged gain in foreign branch account is |
| The Cooperative Federation of Nigeria (CFN) was founded in ………… |
| The Provision of the following partnership Act of 1890 in respect of partnership without agreement includes the following except |
| The Cooperative Federation of Nigeria has its base in ……………. |
| Which of the following statement is not true about goodwill |
| The primary cooperative societies are usually found in …………… |
| ____________ is a document issued by companies inviting the public to subscribe to its shares |
| …………….is a type of business that is independently owned and operated and it is also not dominant in its field of operation. |
| ____________ occurs when one business is swalled up by another company and the former ceases to exist |
| ………….. ordinarily refers to the financial resources that are needed to start a business. |
| ____________ mearsures the ability of the business to settle its short term obligations and when due using highly liquid assets like cash and its equivalent |
| The “Rule of Law†means that ____ rules or reigns. |
| For a person to be punished for a law, that law must be written and ascertainable. This was the decision in the case of ____. |
| In GOVERNMENT OF LAGOS STATE V OJUKWU (1986) 1 N.W.L.R. 621 at 647 Oputa J.S.C. said that the Rule of Law presupposes the following except: |
| World jurists have had conventions on the Rule of Law ever since the creation of the Universal Declaration of Human Rights in ____. |
| The Acts of Athens convention was held in year ___ |
| The Declaration of Delhi was in which year? |
| Laws should be retrospective in its effects when necessary. |
| Laws should be general and making of particular legal orders should be guided and constrained by general laws. |
| The judiciary should be ___ and easily accessible. |
| ____ defines Constitution as follows: “… a constitution refers simply to the frame or composition of a government, to the way in which a government is actually structured in terms of organs, the distribution of powers within it, the relations of the organs inter se, and the procedures for exercising power.†|
| …………..is a union of primary societies at the local government level |
| There are ……….number of steps in the delegation of authority. |
| The following are the part of the process of delegation, except; |
| ……..confers upon the holder the “right to command” in matters relating to the function. |
| The authority given to a manager is called a ………………authority. |
| Bums (1978) identified …………number of leadership functions. |
| When a leader serves the source of beliefs, values and standards of behavior for individual members of the group, he is called …………. |
| According to Ross (1957), the effectiveness of the leader is dependent upon meeting the following functional needs, except; |
| Search for protection is a ……….tyoe of motive for joining a cooperative society. |
| ………..shall be signatory to the society and can represent the society internally and externally. |
| Personal Authority is based upon ………… |
| The Eastern Nigerian Cooperatives law tipulates that an inaugural meeting must be held ……….after registration |
| …………study is an economic survey report usually carried out on the economic activities of a proposed society. |
| …..is a set of agreements voluntarily adopted by the members in order to define their relation with one another within their association |
| The following are steps that should be followed if a proposed society should be viable, except; |
| …….is related to the expected participation either by individuals as members or a group as a segment of the entire group |
| …..is a cooperative is a jointly owned long-term/permanent business enterprise and as an instrument for producing goods and/or services |
| …………type of budget is prepared on the basis of standard cost. |
| Fixed budget has limited application and also ineffective as a tool for ………….. |
| ………..is the right to do something or ask someone else to do it |
| One of the functions of the Constitution as contained in the 1999 Constitution of Nigeria is ____. |
| ____ has suggested that the word “Constitution†could be used in two different senses; the abstract and the concrete. |
| In ____, the principle of qualified privilege was extended to unauthorized reports of parliamentary debates. |
| In ____, the famous principle of audi alteram partem was reaffirmed. |
| The journey towards a Federal form of government in Nigeria started in ____ . |
| The Richard’s Constitution came into force on ____ . |
| In the year ____, the Macpherson Constitution was passed. |
| The federal form of government was adopted in Nigeria with the promulgation of the ____ Constitution on 1st of October, 1954. |
| The following are characteristics of a federal system of government except? |
| A unitary system of government usually removes the problem of constitutional friction between the national and regional government. |
| Science and technology are often used interchangeably. Science aims at pursuing knowledge for its own sake while the goal of technology is to create products that solve problems and improve ————– |
| In a simple explanation, technology is the practical application of—————-. |
| In human society, it is a consequence of science and engineering, although several technological advances predate the —————concepts. |
| Which system uses observation and experimentation to describe and explain natural phenomena. |
| which sciences that study human behavior and societies |
| Development is not purely an———————— phenomenon |
| In an ultimate sense, development must encompass more than the material and—————-side of people‘s lives. |
| The role of science and technology in development should be directed toward reduction of inequalities between advanced and the developing countries and between various sections of population within a ———— |
| Energy can be converted from one form to another but the total quantity remains the same in accordance with the —————– law. |
| Science refers to a system of acquiring ————– |
| Science is a system of acquiring knowledge based on the scientific method, as well as the organized body of—————-gained through such research. |
| Technology is a broad concept that deals with a species’ usage and knowledge of tools and crafts, and how it affects a species’ ability to control and adapt to its—————————-. |
| Which sciences study natural phenomena that include biological life |
| From the beginning of time, —————has strived to improve his way and quality of life |
| what can facilitate the acceleration of economic growth, the reduction of inequality, the eradication of absolute poverty |
| science and technology should make the natural and social environment harmonious, without seriously endangering the—————-. |
| Dead plants and animals have their energy returned to the—————- |
