All practice questions

Bisi, a sole trader, extracted the following financial records at the end of her accounting period: Opening Capital of $₦950,000$, Net Profit of $₦270,000$, Cash Drawings of $₦60,000$, and Goods taken for personal consumption costing $₦40,000$ with a selling price of $₦55,000$. What is the closing capital balance to be reported in her Statement of Financial Position?

Zenith Manufacturing Enterprise extracted the following financial details at the end of its accounting year on 31st December 2025:

What is the gross profit of the enterprise for the year ended 31st December 2025?

Match each climatic region of Nigeria on the left with its correct characteristic feature on the right.

In a baseline demographic survey of an agricultural district in West Africa, $35\%$ of the population is under 15 years of age, $60\%$ is between 15 and 64 years of age, and $5\%$ is 65 years of age or older. What is the total dependency ratio of this district?

Farmers along the steep slopes of the Mambilla Plateau in Taraba State, Nigeria, are experiencing severe surface runoff, soil nutrient loss, and sheet erosion due to intense agricultural activity on high-gradient terrain. To sustainably reduce soil erosion velocity while simultaneously restoring soil fertility, which combination of conservation methods is most appropriate?

Geophysical investigations reveal distinct internal structural layers and seismic boundary zones within the Earth. What is the correct sequence of these internal layers and discontinuities when arranged in order of increasing depth from the Earth's surface to its center?

Which of the following geographical processes is an example of mass wasting rather than in-situ weathering?

On a topographical map drawn to a scale of $1 : 25,000$, a road ascends continuously from Point X at an elevation of $120\text{ m}$ to Point Y at an elevation of $370\text{ m}$. If the average gradient of the slope along this road is $1 \text{ in } 20$, what is the distance between Point X and Point Y on the map?

In many rapidly growing cities of developing nations, the uncontrolled lateral expansion of urban land cover into adjacent rural zones leads to the loss of prime agricultural land, habitat destruction, and excessive costs for extending municipal utilities. Which urban settlement phenomenon best describes this process?

Match each population concept or growth index on the left with its corresponding demographic definition or structural relationship on the right.

Geological analyses of the Earth's crust and outer physical spheres demonstrate distinct compositional differences between continental and oceanic crustal layers, as well as specific exogenic mechanisms operating on surface rocks. Which of the following statements accurately differentiates between the sial and sima layers of the lithosphere while correctly identifying the exogenic process responsible for the in-situ physical breakdown of exposed sialic bedrock?

A sole trader who does not maintain complete double-entry records provides the following information for the financial year ended 31 December 2025:

If the business sells goods at a mark-up of $25\%$ on cost, what is the Gross Profit for the year?

Match each key concept of environmental conservation on the left with its corresponding fundamental rationale or definition on the right.

Match each major Nigerian river listed on the left with its correct physical source area and primary drainage destination on the right.

Although Africa exhibits a notable symmetrical distribution of climate zones north and south of the equator, regional variations create distinct seasonal precipitation patterns. Which of the following temperature and rainfall characteristics specifically defines the Mediterranean climatic type found at the extreme northern and southwestern fringes of Africa?

Match each rock type listed in Group I with its corresponding parent rock and specific formation process in Group II.

Match each independent branch reconciliation scenario on the left with the appropriate adjusting journal entry required in the respective ledger books on the right.

Following a major outflow of young healthcare professionals from a West African nation to Europe, demographers evaluated the resulting population metrics in the source country. Which of the following best describes the primary demographic consequence of this selective out-migration stream on the country of origin?

In dry agricultural zones, poor irrigation management can lead to land degradation through soil salinization. Arrange the following stages of soil salinization in the correct sequential order from initial human cause to final environmental consequence.

A Head Office in Lagos supplies goods to its Port Harcourt branch at an invoice price that includes a mark-up of $33\frac{1}{3}\%$ on cost. At the end of the accounting period, the physical inventory count at the branch shows closing stock valued at $\text{₦}24,000$ at invoice price. What is the value of the stock reserve in Naira required to eliminate the unrealized profit from the closing stock?