Assignment on study session 1

Question

Describe in not more than 200 words define five basic concepts of Nigerian Peoples and Culture. or

Write short note on either centralized or segmentary ethnic groupings in the northern and southern Nigeria?

Instruction: Your answer should not be more than 200 words.

Assignment on Study session 1

Please attempt this Assignment.

Instruction: You are required to state whether this statement is TRUE or FALSE

a) STUDY ACCOUNTING is necessary for you to know the total amount you make and disbursed in your business.

b) Proper accounting system will not necessarily aid accountability

c) There is no difference between Accounting and Book keeping

d) The only purpose of preparing financial statement is to know the profit or loss of an organisation

e) Accounting started in 1594 by an intalian called Luca Pacioli

f) Prospective material sellers isnot one of the users of financial information

g) Theresponsibility of preparing financial statement is that of the accountants

h) The financial statement cannot be used for planning