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JAMB Accounting 2008 Objective — Question 12

Question 12 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.

Commission-on-turnover is charged on

A. current accounts onlyCorrect
B. savings accounts only
C. fixed deposit accounts only
D. all bank accounts

Explanation

Commission on turnover is only charged in current account.

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