Naf exam - Study guides, Class notes & Summaries
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NAF Exam Study Guide Latest Update | 2024/2025 | Rated A+
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NAF Exam Study Guide Latest Update | 
 
2024/2025 | Rated A+ 
 
Account reconciliation Is a process that compares two sets of forms to make sure they 
correspond 
 
Account summary Gives you a quick snapshot of your beginning balance, your total deposits 
and withdrawals, (money taken out of the account), the total service charges and/or feeds, and 
you ending balance for the specific statement record dates 
 
Acquisition When one company takes over another company 
 
APR Annual Percentage Rate,...
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Accounting NAF Exam Questions & Answers 2023/2024
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Accounting NAF Exam Questions & Answers 2023/2024 
 
 
Advantages of a sole proprietorship - ANSWER-Easy and inexpensive to form and dissolve, No profit sharing, Complete control of company, Few government regulations, Business profits taxed at personal level. 
 
Disadvantages of a sole proprietorship - ANSWER-Unlimited personal liability, Limited management expertise, Limited access to capital, Extensive time commitments, Difficult to sell, Limited life 
 
Advantages of a partnership - ANSWER-E...
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Accounting NAF Exam Questions And Answers (Verified And Updated)
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Accounting NAF Exam Questions And 
Answers (Verified And Updated) 
Advantages of a sole proprietorship - answerEasy and inexpensive to form and dissolve, No 
profit sharing, Complete control of company, Few government regulations, Business profits 
taxed at personal level. 
Disadvantages of a sole proprietorship - answerUnlimited personal liability, Limited 
management expertise, Limited access to capital, Extensive time commitments, Difficult to sell, 
Limited life 
Advantages of a partnership ...
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Financial Planning – NAF Exam Questions & Answers 2023/2024
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Financial Planning – NAF Exam Questions & Answers 2023/2024 
 
 
blue chip stock - ANSWER-stock from nationally recognized companies which dominate the industry often having annual revenue of one billion or more 
 
compound interest - ANSWER-interest paid on the ever increasing total of principal and interest 
 
diversification - ANSWER-Spreading out investments to reduce risk 
 
dollar-cost averaging - ANSWER-The technique of buying a fixed dollar amount of a particular investment on a regula...
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NAF Exam Questions & Answers 2023/2024
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NAF Exam Questions & Answers 2023/2024 
 
 
Sole Proprietorship Advantages - ANSWER-Easiest to start 
Least regulated 
Single owner keeps all the profits 
Taxed once as personal income 
 
Partnership Advantages - ANSWER-More capital, workload shared, loses shared, easy to form 
 
Corporation Advantages - ANSWER-limited liability, ease of transfer of ownership, perpetual life, external sources of funds, expansion potential 
 
LLC (Limited Liability Company) - ANSWER-Limited liability, pass throug...
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NIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR UP-COMING EXAM PREPARATION
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NIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR UP-COMING EXAM PREPARATIONNIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR UP-COMING EXAM PREPARATIONNIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR UP-COMING EXAM PREPARATIONNIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR UP-COMING EXAM PREPARATIONNIGERIAN AIR FORCE (NAF) RECRUITMENT EXAM PAST QUESTIONS AND ANSWERS BOOK (FOR U...
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AAPD QE FINAL FINISH Exam Questions With Verified Answers
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AAPD QE FINAL FINISH Exam Questions 
With Verified Answers 
Fluoride Rinse (NaF? F ion? and PPM?) - answer0.05% NaF 
0.022% F ion 
220 ppm 
Prevident (NaF? PPM? F-) - answer1.1.%NaF 
5000ppm 
0.5%F- 
5% NaF - answer22,500ppm 
1.23% APF gel/foam - answer12,300 ppm 
F- : 
- Probability toxicity: 
- Certainly toxicity: 
- Treatment (<8mg/kg, >8mg) - answer-5mg F/kg 
-15 mg F/kg 
Treatment: 
<8mg/kg - milk and observe 6 houts 
>8mg F/kg: induce vomiting, milk, ER 
Bacteria for ANUG - ans...
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AAPD QE FINAL FINISH Exam Questions With Verified Answers
- Exam (elaborations) • 35 pages • 2024
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AAPD QE FINAL FINISH Exam Questions 
With Verified Answers 
Fluoride Rinse (NaF? F ion? and PPM?) - answer0.05% NaF 
0.022% F ion 
220 ppm 
Prevident (NaF? PPM? F-) - answer1.1.%NaF 
5000ppm 
0.5%F- 
5% NaF - answer22,500ppm 
1.23% APF gel/foam - answer12,300 ppm 
F- : 
- Probability toxicity: 
- Certainly toxicity: 
- Treatment (<8mg/kg, >8mg) - answer-5mg F/kg 
-15 mg F/kg 
Treatment: 
<8mg/kg - milk and observe 6 houts 
>8mg F/kg: induce vomiting, milk, ER 
Bacteria for ANUG - ans...
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NAF Exam Study Guide| questions with 100 % correct answers | verified
- Exam (elaborations) • 7 pages • 2023
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Financial Literacy - Being Financial Literate is when your able to manage your money well, plan for 
the future and make reasonable decisions. 
Needs - Things you can't live without 
Wants - Things you would like to have 
Time value of Money - It refers to the idea that a dollar in hand today is worth more than a dollar in 
the future. In other words, money avaliable now is worth more than the same amount in the future. 
Interest - It is a payment made in exchange for using money over time. 
In...
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NAF Exam Study Guide questions and answers 100% guaranteed success.
- Exam (elaborations) • 5 pages • 2023
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NAF Exam Study Guide questions and answers 100% guaranteed success. 
 
 
 
 
 
 
 
 
 
 
 
Financial Literacy - correct answers.Being Financial Literate is when your able to manage your money well, plan for the future and make reasonable decisions. 
 
Needs - correct answers.Things you can't live without 
 
Wants - correct answers.Things you would like to have 
 
Time value of Money - correct answers.It refers to the idea that a dollar in hand today is worth more than a dollar in the future. In...
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