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WAEC 2018 Book Keeping Questions and Answers
WAEC April 25, 2018 • 3 years ago • No Comment Yet

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WAEC 2018 BOOK KEEPING AND TOURISM ANSWERS

👑 2018 MAY/JUNE WAEC BOOK KEEPING & TOURISM ANSWERS👑

100% VERIFIED BOOK KEEPONG OBJ ANSWERS
1-10: DCBCDAACAB
11-20: DABCDCBBBC
21-30: CDBCDBDABB
31-40: CBCDBDBDCC

100% VERIFIED BOOK KEEPING THEORY ANSWERS
(1a)
Book keeping is the activity or occupation of keeping records of bthe financial affairs of a business.
(1b)
(i) Financial Comparison: A comprehensive bookkeeping system allows a business owner to analyze spending and revenue one item at a time
(ii) Budget Monitoring: Companies require an accurate report of current spending and revenue to help compare actual results with projections in the annual budget. A bookkeeping system facilitates up-to-date company financial information that can be cross-checked with the budget to make sure that the company is not overspending.
(iii) Tax Deductions: A bookkeeping system makes it easier to report revenue for tax filings at the end of the year, but a comprehensive spending profile can also help you find tax deductions that will lower your tax burden.
(iv) Payroll: Bookkeeping services include checking the accuracy of each payroll period to make sure that each employee receives the proper amount — an especially important function in organizations that pay bonuses, sales commissions and supplemental payment based on a percentage of revenue.
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(2)
(i) All partners will divide profit and loss equally.
(ii) If any partner gave loan to firm, partnership firm will give 6% interest on that loan.
(iii) No salary is given to any partner for participation in the work of partnership firm.
(iv) No interest will be given on the capital of partners.
(v) Partnership firm will not take interest on his given amount in the form of drawing to any partner.
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100% VERIFIED TOURISM OBJ ANSWERS

1-10: BCCBACACDB
11-20: BCCCCCCCBA
21-30: CABCDCDACD
31-40: BAAABDCCDC

100% VERIFIED TOURISM OBJ ANSWERS
(1)
(i) By Rail
(ii) By Water
(iii) By Road
(iv) By Air
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(2)
-Sharo: Fulani
-New Yam: Igbo
-Osun Oshogbo: Yoruba
-Argungu: Hausa
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(4a)
A tourism product can be defined as the sum of the physical and psychological satisfaction it provides to tourists during their travelling en route to the destination.
(4b)
(i) Perishability
(ii) Inconsistency
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(9)
(i) Travel agency helps to prepare itinerary which identifies origin, destination and all stopping points of the tour.
(ii) Travel agency provide necessary information to the tourists. The update accurate information about tour packages, modes of travel, accommodation, sight seeing, visa ,passport required to travel to out of the country.
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(11a)
i. Conscientious, low impact visitor behavior
ii. Sensitivity towards, and appreciation of, local cultures and biodiversity
iii. Sustainable benefits to local communities
iv. Local participation in decision-making
v. Educational components for both the traveler and local communities
11b)
i. Religious tourism can be understood as a segment of tourism
which generally helps to mitigate seasonal fluctuations.
ii. Religious tourism is usually considered to be a part of cultural tourism, however, it could be more precisely defined as its
specific component.
iii. it also contributes to making use of often
unappreciated potential of sacral monuments
iv. t is necessary to realize that both forms
are different from the viewpoint of the participants and their motives as well as from the viewpoint of using the services
and ways of spending free time.
v. Religious tourism provide education and information for better travelling all over the
world.
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(13a)
A tourist is a person who is travelling or visiting a place for pleasure while a travel agent is a person engaged in selling and arranging transportation, accommodations, tours, or trips for travelers.
(13b)
(i) It generates income to Nigeria
(ii) It provides employmeny opprtunities to Nigerians
(iii) It allows local people an opportunity for economic and educational growth that would not otherwise be available.
(iv) Travel based recreation provides relief from the monotony of daily routine.
(v) It brings good relation between Nigeria and other countries.

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