2013 LASU Business Administration Post-UTME

In the question below, choose the option nearest in meaning to the word(s) or phrase(s) underlined.

If your life is in turmoil always take courage.

In the question below, choose the option nearest in meaning to the word(s) or phrase(s) underlined.

The terms of the contract stuck in my throat.

In the question below, choose the option nearest in meaning to the word(s) or phrase(s) underlined.

The decision we have taken is irrevocable.

In the question below, choose the option opposite in meaning to the word underlined.

The policeman was asked to investigate the matter.

In the question below, choose the option opposite in meaning to the word underlined.

The advertisement served as smokescreen for the activities of the company.

In the question below, choose the option opposite in meaning to the word underlined.

A number of people impersonating tax officials were arraigned before the chief magistrate this morning.

In the question below, choose the option opposite in meaning to the word underlined.

The lawyer told the court some unsavoury details about the case.

In the question below, choose the option opposite in meaning to the word underlined.

He reneged on the agreement between him and his employees.

In the question below, choose the option opposite in meaning to the word underlined.

Statesmen are revered for their objectivity.

In the question below, choose the option opposite in meaning to the word underlined.

The doctor tried to alleviate his patient’s pain.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

The passage below has gaps, immediately following each gap, four options are provided. Choose the most appropriate option for each gap.

It is the business of the scientist to accumulate knowledge about the universe and all that is in it, and to find, if he is able, common _ _11_ _ (A. approaches B. instruments C. factors D. experiment) which underlie and account for the facts that he knows. He chooses when he can, the method of the controlled _ _12_ _ (A. experiment B. respondent C. data D. system) if he wants to find out the effect of light on growing plants, he may take many plants as alike as possible. Some he stands in the sun alone, some in the shade, some in the dark; all the time keeping all other _ _13_ _ (A. procedures B. conditions C. studies D. objects) (temperature, moisture, nourishment) the same in this way by keeping other variables _ _14_ _ (A. dark B. constant C. good D.natural) and by varying the light only, the effect of light on plants can be clearly seen. This _ _15_ _ (A. method B. research C. tool D. rationale) of using controls can be applied to a variety of situations and can be used to find the answers to questions as widely different as must moisture be present if _ _16_ _ (A. bar B. gold C. iron D.an alloy) is to rust.

In the question below, fill each gap with the most appropriate option from the list following the gap.

You think she hasn’t got any friends? Of course she’s got ______

In the question below, fill each gap with the most appropriate option from the list following the gap.

How can we believe this witness when no one will _____ his story?

In the question below, fill each gap with the most appropriate option from the list following the gap.

Good schools don’t just teach their students, they _____ them.

In the question below, fill each gap with the most appropriate option from the list following the gap.

The journalist’s unpopular views made him the subject of much _______

In finding the area of a football field, Dankanu measured the length of the field 10% shorter and the width 5% longer. What is the percentage error involved in calculating the area of the field?

Add 8189.5, 387.565 and 4.3859 leaving your answer correct to three significant figures.

Calculate the cost of painting the total surface area of a solid cuboid of length 24m, breadth 15m and height 10m at a cost of N20 per m².

A woman buys 100kg of fruits for N2,480. She sells 40kg for N50 per kg, 20kg for N30 per kg, 10kg for N20 per kg, 6kg for N10 per kg and the rest for N5 per kg. What is her total profit?

A man earns N8,000 a month and pays tax at the rate of 5 kobo in the naira. Calculate his net income.

${\text{If 18}}^{2/3}{\text{ x 12}}^{1/3 = }{\text{2}}^{\mathrm{m}}{\text{ x 3}}^{\mathrm{n}}\text{, find the value of m + n}$

Simplify

$\frac{\sqrt{3} – 1}{2 + \sqrt{3}}$

$\mathrm{Given} \mathrm{that} \frac{\sqrt{3} – 1}{\sqrt{3}} = \text{p}\sqrt{3}\text{, find the value of p.}$

Let U = {5, 8, 11, …., 23}, K = {x:x ≤ 12} and F = {x:x is a prime number} where x ∈ U, what is K ∩ F?

Given that R’ = {1, 3, 5, 7, 9}, S = {3, 4, 5} and R* = {4, 6, 8, 10}, then U is

For what values of x is the expression 2x + 5 ÷ x² – 7x + 12 not defined?

Given that ps = ½m (v² – u²). Evaluate p when v = 2.5, u = 1.5, m = 0.05 and s = 0.02

If p varies directly as q² and q varies inversely as r , how does r vary with p?

$\mathrm{If} \frac{\mathrm{x} + 7}{(\mathrm{x} + 3) (\mathrm{x} – 4)} = \frac{\mathrm{m}}{\mathrm{x} + 3} + \frac{\mathrm{n}}{\mathrm{x} – 4} \mathrm{what} \mathrm{is} 3\mathrm{n} –4\mathrm{m}?$

$\mathrm{If} \left|\begin{array}{cc}3 +& 2\mathrm{x}\end{array}\right| <7, \mathrm{then} \mathrm{x} \mathrm{lies} \mathrm{between}$

$$\begin{gathered} \mathrm{The} \mathrm{first} \mathrm{and} \mathrm{fourth} \mathrm{terms} \mathrm{of} \mathrm{a} \mathrm{geometric} \mathrm{progression} \mathrm{are} 4 \mathrm{and} \\ \frac{256}{27} \mathrm{respectively}. \mathrm{Find} \mathrm{the} \mathrm{common} \mathrm{ratio}. \end{gathered}$$

How many terms of the sequence 10, 12, 14, …… will add up to 190?

A man saved N8 the first day, 16 the second day, N32 the third day and so on. How many days would it take him to save a total sum of N2,040?

The scope of commerce can be enlarged by

An important role of commerce is that it is the

Commercial work as a form of occupation includes

In commerce, service is regarded as a product because

The fundamental factors of production are

Mining, quarrying and forestry can be referred to as

How are profits shared where there is no partnership agreement?

The business unit in which the customers are predominantly owners is the

A group of persons that float a company are called

The sale of a company with the purchasing company remaining dominant is called

Dividend warrant is issued in connection with

The nominal value of a share as specified in the Memorandum of Association and the share certificate is the

Which of the following is necessary in the determination of gross profit?

Use the information below to answer the question.

Profit and loss Account for the year ended 31st Dec. 2001

Determine the net profit.

Use the information below to answer the question.

Profit and loss Account for the year ended 31st Dec. 2001

Calculate the rate of turnover.

The right to use assets for an agreed period in return for a rent is known as

The charge paid by a buyer on a postponed payment for security is called

A speculator on a stock exchange enjoys

Treasury bills are issued by

A local market is characterized by

A student had N15 to buy a biro and an exercise book costing N15 each. He bought only the biro. The N15 is called

A labour intensive technique of production is best employed in a society with

Laissez-faire economy is mostly associated with

An economy in which income determines who consumes a particular good is

A scientific reasoning that postulates a decrease in corporate tax resulting in an increase in aggregate investment is

From the above table, determine the mean

Given that Qd = 40 – 2p and Qs = 6P + 24, calculate the equilibrium price.

If a 10% rise in the price of cassava leads to a 30% rise in the quantity demanded of yam, the cross elasticity of demand is

An indifference curve that is closer to the origin has

Use the table below to answer the question

Calculate the elasticity of supply.

Use the table below to answer the question

The supply is

A major function of the price system in an economy is that it

Teachers are engaged in

The factor of production that can remunerate other factors is

From the above table, find the values of E and F respectively.

Fixed costs are expenses which a firm incurs

One of the characteristics of the marginal cost curve is that it

If the sales of a producer increases from 200 units to 300 units at a price of N0.25, determine the marginal revenue.

In an imperfect market, the monopolist can influence

A company has departments X, Y and Z. Department X occupies a space twice that of Y while Z occupies half the space of Y. If the company pays N10,000 on rent, what is the amount of rent that should be allocated to Y?

I.   Profits and losses will be shared unequally

II.  Interest is not allowed on capital

III. Salaries are not allowed

IV.  Interest is charged on drawings

From the above, which of the following would be apt when there is no agreement during partnership formation?

Expenses paid during the conversion of partnership to a company are

In the trading and profit and loss account of manufacturing organization, purchases are

Goods worth N50,000 were sent at different times from head office to the branch during the year. By the end of the period, only N40,000 worth of goods had arrived at the branch. Which of the following is correct about the treatment of this transaction?

An accounting ratio that considers only quick assets to determine the short-term safety margin of a firm is the

Use the information below to answer the question

A company’s authorized share capital was one million ordinary shares at N1 each. It issued 80% of its shares at N1.10 per share. 70K was payable on application, 25k on allotment, 10k due on first call and the balance on second call.

What would be the total amount received on second call?

Use the information below to answer the question

A company’s authorized share capital was one million ordinary shares at N1 each. It issued 80% of its shares at N1.10 per share. 70K was payable on application, 25k on allotment, 10k due on first call and the balance on second call.

The total amount of money received on application was

Given Shakun Company Ltd

Determine the working capital.

The receipts and payments account of a not-for-profit making organization plays a similar role in a profit making organization as

Osei and Yabo were in partnership sharing profits and losses in the ratio of 3:2. On admitting Takwa, the profit and loss sharing ratio was changed to 1:1:1. Suppose Takwa paid N30,000 for goodwill, this amount would be

The amount of subscriptions accrued is reported in the balance sheet under

Use the information below to answer the question

The expenses are for three different products; Zema, Zeta and Zera. They are apportioned on the basis of production. 4500 units of the products are produced, out of which 1260 and 2060 are for Zema and Zeta respectively.

The lighting charge to be apportioned to Zema is

Use the information below to answer the question

The expenses are for three different products; Zema, Zeta and Zera. They are apportioned on the basis of production. 4500 units of the products are produced, out of which 1260 and 2060 are for Zema and Zeta respectively.

Find the salary charged to Zera product.

There are three societies A,B,C having some tractors each. A gives B and C as many tractors as they already have. After some days, B gives A and C as many tractors as they have. After some days C gives A and B as many tractors as they have. Finally each has 24 tractors. What is the original number of tractors each had in the beginning?

A computer is on sale for N1,600, which is a 20% discount off the regular price. What is the regular price?

At a company fish fry, ½ in attendance are employees. Employee’s spouses are ⅓ of the attendance. What is the percentage of the people in attendance who are not employees or employee spouses?

Lee worked 22 hours this week and made N132. If she works 15 hours next week at the same pay rate, how much will she make?

A man covered 28 steps in 30 seconds, but he decided to move and covered 34 steps in 18 seconds. How many steps are there on the escalator when stationary?

What is the selling price of a car, if the cost of the car is N60 and a profit of 10% over selling price is earned?