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SA SAGA

• Air Peace designates two planes for operation
• Nigerians shouldn’t be second-class citizens anywhere – Presidency

John Ameh, Friday Olokor, Sunday Aborisade,  Oladimeji Ramon, Olaleye Aluko and Abiodun Nejo

President Muhammadu Buhari on Monday directed the Minister of Foreign Affairs, Mr Geoffrey Onyeama, to monitor the measures the South African government would take to end the xenophobic attacks on Nigerians by further engaging the “appropriate authorities.”

The President also gave clear instructions that Nigerians willing to return home should be evacuated from South Africa immediately.

 The President took the decisions when he received  the report of the special envoy he sent last week to his South African counterpart, President Cyril Ramaphosa, to register Nigeria’s concerns over the attacks.

The Presidency, in a statement on Monday in Abuja, said the special envoy, who is the Director-General, National Intelligence Agency, Ahmed Rufai-Abubakar, returned to Nigeria after the assignment and had submitted his report to the President.

It said Rufai-Ababukar was in Pretoria from Thursday to Saturday. While in Pretoria, the envoy conveyed the following to Ramaphosa, “The deep concern of President Buhari and Nigerians about intermittent violence against Nigerians and their property/business interests in South Africa.

“President Buhari stressed the need for South African government to take visible measures to stop violence against citizens of brotherly African nations.

“President Buhari is worried that the recurring issue of xenophobia could negatively affect the image and standing of South Africa as one of the leading countries on the continent, if nothing is done to stop it.

“The special envoy conveyed the assurance of President Buhari that the Nigerian government was ready and willing to collaborate with the South African government to find a lasting solution to the involvement of few Nigerians in criminal activities, and to protect the lives and property of the larger groups of other law-abiding Nigerians and indeed Africans in general, against all forms of attacks including xenophobia.

“President Buhari further assured that the Nigerian government will guarantee the safety of lives, property and business interests of South Africans in Nigeria.”

The statement, which was signed by the President’s Special Adviser on Media and Publicity, Mr Femi Adesina, also gave details of Ramaphosa’s responses.

It added, “On his part, President Ramaphosa agrees that the violence is most disconcerting and embarrassing, adding that his government completely rejects such acts, which undermine not only the country’s image, but also its relations with brotherly African countries.

“President Ramaphosa reaffirmed his stand against criminality and that he was committed to doing everything possible to protect the rights of every Nigerian and other foreign nationals in the country.”

Upon receiving the report, Buhari said he had taken note of it and directed Onyeama “to continue to engage with appropriate authorities on the concrete measure the South African government is expected to take.”

He also gave “instructions for the immediate voluntary evacuation of all Nigerians who are willing to return home.”

The Presidency added that the envoy also met with his South African counterpart “where they reviewed the situation of foreign emigrants in general and Nigerians in particular.”

It said the two “agreed to work together to find a permanent solution to the root causes of the recurring attacks on Nigerians and their property.”

Two aircraft to bring 640 Nigerians from South Africa – Presidency

Also on Monday, the Presidency said the number of Nigerians in South Africa,  who had shown interest in returning home had risen from 400 to 640.

The Chairman/Chief Executive Officer, Nigeria Diaspora Commission,  Abike Dabiri-Erewa,  stated this when she appeared before the Senate Committee on Diaspora.

CHM101

Question
One half of the distance between the nuclei of two adjacent metal atoms in the close packed crystal lattice is called

Answer
Crystal or Metallic radius



Question
Half the distance between the nuclei of two atoms belonging to two adjacent molecules in a crystal lattice is called

Answer
Van der waals radius



Question
One half of the distance between the nuclei of two like atoms bonded together by a single covalent bond is called

Answer
Covalent radius



Question
Why do alkali metals not occur as free elements in nature?

Answer
Because they are highly reactive elements



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2p_{x}^{2}\)?

Answer
Aufbau principle



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2s^{2}2p_{x}^{2}2p_{y}^{1}\)?

Answer
Hund's rule



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2s^{3}\)?

Answer
Pauli's Exclusion principle



Question
What is the electronic configuration of elements with atomic number 29?

Answer
\([Ar]3d^{10}4s^{1}\)



Question
What is the electronic configuration of elements with atomic number 24?

Answer
\([Ar]3d^{5}4s^{1}\)



Question
The electron affinity decreases down the group why?

Answer
down the group the size of the atom increases and effective nuclear charge remains almost steady



Question
One half of the distance between the nuclei of two adjacent metal atoms in the close packed crystal lattice is called

Answer
Crystal or Metallic radius



Question
Half the distance between the nuclei of two atoms belonging to two adjacent molecules in a crystal lattice is called

Answer
Van der waals radius



Question
One half of the distance between the nuclei of two like atoms bonded together by a single covalent bond is called

Answer
Covalent radius



Question
Why do alkali metals not occur as free elements in nature?

Answer
Because they are highly reactive elements



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2p_{x}^{2}\)?

Answer
Aufbau principle



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2s^{2}2p_{x}^{2}2p_{y}^{1}\)?

Answer
Hund's rule



Question
What principles or rules are violated in the following electronic configuration \(1s^{2}2s^{3}\)?

Answer
Pauli's Exclusion principle



Question
What is the electronic configuration of elements with atomic number 29?

Answer
\([Ar]3d^{10}4s^{1}\)



Question
What is the electronic configuration of elements with atomic number 24?

Answer
\([Ar]3d^{5}4s^{1}\)



Question
The electron affinity decreases down the group why?

Answer
down the group the size of the atom increases and effective nuclear charge remains almost steady

Ten amazing things you can do with your WHATSAPPS...

ACC192

Question
N50,000 taken from cash till and banked is recorded in the cash book as foollows:

Answer
Dr Bank column and Cr Cash column



Question
Purchases in accounting means.

Answer
Goods bought for resale



Question
Which of the following is correct

Answer
Profit increases capital



Question
Calculate the break -even point if Owiya ltd sells its product for N1,000 per unit and having a variable cost per unit of N500, with a fixed cost of N500,000.

Answer
1000



Question
The level at which the contribution is equal to fixed cost is called.

Answer
Break even point



Question
….........is an internal accounting system

Answer
Cost accounting



Question
The sumation of direct materials, direct labour and direct expenses is….........

Answer
Prime cost



Question
An item, process or activity for which a separate measurement of cost is required is called…...

Answer
Cost object



Question
The type of accounting that deals with the gathering of cost information, cost attachment, budgeting and standard costing is…...

Answer
Cost accounting



Question
Which type of error is committed when machinery bought for use in the business is mistakenly debited to the purchases account.

Answer
Error of principle



Question
Under the entity concept …...... … is different from its owner

Answer
0



Question
The concept which states that in measurement of profit, costs incurred in generating revenue should be reported together in the period they arise is ….....

Answer
0



Question
The purpose of Accounting is to ….....

Answer
0



Question
The Sales Day Book records goods sold ….........

Answer
0



Question
Mr. Mosirunmuro sold cosmetics and receive cash of N90, 000 on 15th of January 2016.What is the double entry postings for this transaction?

Answer


Question
What is the net profit figure for the year ended from the following information: Capital (at 1/1/2017) - N4,916,000; Capital (at 31/12/2017) - N5,864,000; Drawings during the year - N1,040,000; Additional Capital introduced during the year - N 400,000 ?

Answer
1588000



Question
What is the net asset figure based on the following information: Fixtures N1,800,000; Trade Receivables - N480,000; Inventory- N2,400,000; Loan - N 600,000; Payables - N800,000; Bank N1,636,000?

Answer
4916000



Question
Aderoju and Sons made a net loss of N 19,267,000 after an accumulated expenses of N52,329,000. What was the gross profit amount?

Answer
33062000



Question
The opening and closing balances of Trade Payables for year 2018 was N6,756,000 and N7,840,000 respectively. If the total payment to creditors from bank equals N24,310,000 What is the amount of credit purchases?

Answer
25394000



Question
Compute sales turnover if the gross profit is N33,062,000 and cost of sales is N56,539,000.

Answer
22477000



Question
N50,000 taken from cash till and banked is recorded in the cash book as foollows:

Answer
Dr Bank column and Cr Cash column



Question
Purchases in accounting means.

Answer
Goods bought for resale



Question
Which of the following is correct

Answer
Profit increases capital



Question
Calculate the break -even point if Owiya ltd sells its product for N1,000 per unit and having a variable cost per unit of N500, with a fixed cost of N500,000.

Answer
1000



Question
The level at which the contribution is equal to fixed cost is called.

Answer
Break even point



Question
….........is an internal accounting system

Answer
Cost accounting



Question
The sumation of direct materials, direct labour and direct expenses is….........

Answer
Prime cost



Question
An item, process or activity for which a separate measurement of cost is required is called…...

Answer
Cost object



Question
The type of accounting that deals with the gathering of cost information, cost attachment, budgeting and standard costing is…...

Answer
Cost accounting



Question
Which type of error is committed when machinery bought for use in the business is mistakenly debited to the purchases account.

Answer
Error of principle



Question
N50,000 taken from cash till and banked is recorded in the cash book as foollows:

Answer
Dr Bank column and Cr Cash column



Question
Purchases in accounting means.

Answer
Goods bought for resale



Question
Which of the following is correct

Answer
Profit increases capital



Question
Calculate the break -even point if Owiya ltd sells its product for N1,000 per unit and having a variable cost per unit of N500, with a fixed cost of N500,000.

Answer
1000



Question
The level at which the contribution is equal to fixed cost is called.

Answer
Break even point



Question
….........is an internal accounting system

Answer
Cost accounting



Question
The sumation of direct materials, direct labour and direct expenses is….........

Answer
Prime cost



Question
An item, process or activity for which a separate measurement of cost is required is called…...

Answer
Cost object



Question
The type of accounting that deals with the gathering of cost information, cost attachment, budgeting and standard costing is…...

Answer
Cost accounting



Question
Which type of error is committed when machinery bought for use in the business is mistakenly debited to the purchases account.

Answer
Error of principle

TMA 1..... BFN104

Question
The areas of regulations of banks by CBN includes all of the following except_________

Answer
Deposit base reserves



Question
Which year did Banking in Nigeria start?

Answer
1892



Question
The ______________enforces the rules and regulations in the banking sector

Answer
Central Bank of Nigeria



Question
The Italian word "Bancho" from bank means what?

Answer
Bench



Question
Which of the following is not part of E-Banking tools and channels

Answer
Photocopiers



Question
A_________ is any person in Nigeria, who is engaged in wholesale, banking, medium and long-term financing, equipment leasing, debt factoring, investment management, issue and acceptance of bills and management of unit Trusts".

Answer
Merchant Bank



Question
When money is demanded because of its function as a store of value it is called _______

Answer
Keynesian view of money



Question
A financial institution primarily designed to provide medium to long-term credits to the economy is known as ____________

Answer
A development Bank



Question
A _________is the bill in which acceptance as well as payment of the bill is effected by the drawee concurrently.

Answer
A sight bill



Question
Which year did Bureau De Change business start in Nigeria?

Answer
1989



Question
The areas of regulations of banks by CBN includes all of the following except_________

Answer
Deposit base reserves



Question
Which year did Banking in Nigeria start?

Answer
1892



Question
The ______________enforces the rules and regulations in the banking sector

Answer
Central Bank of Nigeria



Question
The Italian word "Bancho" from bank means what?

Answer
Bench



Question
Which of the following is not part of E-Banking tools and channels

Answer
Photocopiers



Question
A_________ is any person in Nigeria, who is engaged in wholesale, banking, medium and long-term financing, equipment leasing, debt factoring, investment management, issue and acceptance of bills and management of unit Trusts".

Answer
Merchant Bank



Question
When money is demanded because of its function as a store of value it is called _______

Answer
Keynesian view of money



Question
A financial institution primarily designed to provide medium to long-term credits to the economy is known as ____________

Answer
A development Bank



Question
A _________is the bill in which acceptance as well as payment of the bill is effected by the drawee concurrently.

Answer
A sight bill



Question
Which year did Bureau De Change business start in Nigeria?

Answer
1989



Question
The areas of regulations of banks by CBN includes all of the following except_________

Answer
Deposit base reserves



Question
Which year did Banking in Nigeria start?

Answer
1892



Question
The ______________enforces the rules and regulations in the banking sector

Answer
Central Bank of Nigeria



Question
The Italian word "Bancho" from bank means what?

Answer
Bench



Question
Which of the following is not part of E-Banking tools and channels

Answer
Photocopiers



Question
A_________ is any person in Nigeria, who is engaged in wholesale, banking, medium and long-term financing, equipment leasing, debt factoring, investment management, issue and acceptance of bills and management of unit Trusts".

Answer
Merchant Bank



Question
When money is demanded because of its function as a store of value it is called _______

Answer
Keynesian view of money



Question
A financial institution primarily designed to provide medium to long-term credits to the economy is known as ____________

Answer
A development Bank



Question
A _________is the bill in which acceptance as well as payment of the bill is effected by the drawee concurrently.

Answer
A sight bill



Question
Which year did Bureau De Change business start in Nigeria?

Answer
1989

TMA slutions

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