WAEC Book-Keeping Questions and Answers 2021/2022 (Posted Free)

WAEC SSCE 2021/2022 Expo: Book Keeping Paper III & II Objective Theory Questions And Answers Posted Online. January / February First series Free Expo subscription Runz. Book Keeping waec syllabus, waec expo, Free verified complete waec questions and answers on Book Keeping, waec gce 2021/2022 Book Keeping full verified questions and answers, waec Book Keeping past questions, Book Keeping wassce past questions site, waec gce expo Book Keeping website, 2021/2022 free waec expo Book Keeping website posted on WhatsApp.

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WAEC Book Keeping Obj and Theory/Essay 2021/2022 Free Questions & Answers Posted Online

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*BOOK KEEPING*

(1a)
Stock valuation is the process of determining the current (or projected) worth of a stock at a given time period.

(1bi)
-CHARACTERS OF FIFO-
(i)it is easy to apply
(ii)the assumed flow of costs corresponds with the normal physical flow of goods.

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(1bii)
-CHARACTERISTICS OF LIFO-
(i)It is used to account for inventory that records the most recently produced items as sold first.
(ii)The cost of the most recent products purchased (or produced) are the first to be expensed as cost of goods sold (COGS).
====================================

SECTION B
====================================

(5)
[img]https://i.imgur.com/Ton7QXp.jpg[/img] ====================================

(6)
[img]https://i.imgur.com/gZwrYDV.jpg[/img] ====================================

(9)
[img]https://i.imgur.com/3Id6VFa.jpg[/img] ====================================

Animals-Pract!
(3ai)
(i) It can be used in giving water to livestocks
(ii) It can be used in giving feeds to livestocks
(iii) It keeps animal feeds away from dirts
(iv) It can be used in packing remains of livestocks
(v) It keeps animal water away from being contaminated

(3ai)
(i) It keeps feeds from contamination
(ii) It keeps water from contamination

(3aiii)
(i) It does not enable the livestocks to feed conveniently
(ii) It stress the livestocks while drinking

(3b)
This is used for measuring and monitoring temperature while brooding chicks

(3ci)
(i) For easy identification of livestock
(ii) It is also used to identify year of birth

(3cii)
(i) Cattle
(ii) Pig
(iii) Rabbit
====================================

(2ai)
(i) Shell
(ii) Foot

(2aii)
(i) It serve as food
(ii) It serve as a source of protein
(iii) It requires low start-up capital in rearing
(iv) It is rich in therapeutic contents

(2aiii)
(i) Beetles
(ii) Mites
(iii) Nematodes

(2bii)
(i) It serve as food for some farm animals
(ii) It can be used as bedding material
(iii) It can be used in farm animals building

(2bii)
(i) It is difficult to control when grown
(ii) It can cause injury for farm animals
====================================

(4a)
[img]https://i.imgur.com/t5GfRR7.jpg[/img]

(4b)
(i) Comb:
Comb is a small ice of meat above the chickens head
(ii) Ear Lobe:
The hanging skin from chicken ear is known as ear lobe. There are various colored ear lobe of chicken.
(iii) Wattle:
The soft meat hanging from the two side of chicken beak is known as wattle. It is also of various colored.
(iv) Beak:
Beak of chicken is on the front side of head. It is very strong and suitable to collect crop from the ground.

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(4c)
(i)for cutting furs around K
(ii)For cutting comb of K

(4d)
Razor
====================================

*Marketing*
(1a)
(i)Rent Rates & Taxes.
(ii)Workforce Availability, (iii)Labor Skills & Costs.
(iv)Roads, Highways & Traffic Flow.
(v)Proximity to Airport, Railway Stations & Ports.
Markets & Local Environment Factors.

(1b)
(i)For Storage purpose
(ii)For Price Stabilization
(iii)For Financing Purpose
(iv)For Risk bearing
(i)For Grading and Packing

(2a)
(i) By chatting with unknown people
(ii) By sending and receiving pornography
(iii) By using bad language for e-marketing
(iv) By holding personal information
(v) By changing the internet address
(vi) By changing the voice of mode while chatting

(2b)
(i) It reduces the cost of advertisement to Ajax Ltd
(ii) It helps the company to track the rate of return on their investment
(iii) It helps to reach many customers at the same time
(iv) It enables Ajax Ltd to perosnalize messages effectively
(v) It helps the company to know the number of their customers effectively

(5a)
(i)Marketing planning provides direction for all organization marketing effort
(ii)Marketing planning help organization to raise finance for capital expenditure.
(iii)Marketing planning prevents time wasting on ineffectual marketing activities.
(iv)It save money by helping to ensure that the marketing budget is spent effectively
(v)It helps to identify. prerequisites to planned activities.

(5b)
The organization formed by Mrs Janet with other dry fish sellers is World Trade Organization (WTO)

(5bii)
(i)overseeing trade agreement
(ii)Reducing trade barriers
(iii)Reducing worldwide tariffs
(iv)Mediating dispute

(1a)
Specimen A is gotten after all the pods in a groundnut have been removed. After this, the remaining parts is then dried.

(1aii)
(i)Specimen A brings about fattening in farm animals
(ii)It aids the growth and development of farm animals
(iii)It boost the immune system of farm animals

(1bi)
(i)Sowing seed
(ii)Vegetative propagation

(1bii)
(i)Hay making
(ii)Ensiling

(1c)
(i)It can be used for marking animals
(ii)It can be used for cutting hay for livestocks
(iii)It is also used for killing some farm animals
(iv)It can be used for castrating farm animals

 

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