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WAEC Accounting 2012 Objective — Question 43

Question 43 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.

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An underwriter for a company's share is paid

  • A. interest
  • B. commissionCorrect
  • C. dividend
  • D. salary

Explanation

The underwriter receives commission for its service.

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