ANAN Past Questions and Answers – [Free PDF Download]

Association of National Accountants of Nigeria (ANAN) offers a prestigious avenue to enhance their careers. To succeed in ANAN examinations, one invaluable resource stands out: ANAN Past Questions and Answers. In this blog post, we will delve into the significance of ANAN past questions and answers and how they can pave the way for your success.

About ANAN

Association of National Accountants of Nigeria is the only chartered professional accountancy body in Nigeria empowered by law to teach as well as examine all its students. Besides, it is the only body having the absolute power to advance the science of accountancy.The Association was formed on 1st January, 1979, incorporated on 28th September, 1983 and was finally chartered by Decree 76 of 1993 on 25th August, 1993. The Association is a truly national accountancy body with education and training programme reflecting the national environment which would meet internationally accepted accounting standards. It was born out of a burden shared by a number of well meaning Nigerians for a home grown and home spun professional body. It sought a thoroughly Nigerian and community based approach to the definition of accountancy standards and practices.

The Importance of ANAN Past Questions and Answers:

ANAN past questions and answers serve as a potent tool for exam preparation. They offer a multitude of benefits that contribute to your success in ANAN examinations:

Familiarity with Exam Format: ANAN past questions provide insights into the structure and format of the actual exams. This familiarity helps you better understand the types of questions, time allocation, and overall exam flow, reducing anxiety on the exam day.

Content Coverage: Past questions cover a wide range of topics that are likely to appear in the ANAN exams. By practicing these questions, you ensure that you have a solid grasp of the core concepts required to excel.

Time Management: ANAN exams are time-bound, and effective time management is crucial. Regularly practicing past questions hones your ability to manage time efficiently and allocate it appropriately to different sections of the exam.

Identification of Strengths and Weaknesses: By attempting ANAN past questions, you can assess your strengths and weaknesses in various subject areas. This allows you to focus your study efforts on areas that need improvement, maximizing your chances of success.

Confidence Boost: The more you practice with past questions, the more confident you become in your abilities. Confidence is key on exam day, as it helps you stay composed and perform to the best of your potential.

Adaptation to ANAN’s Approach: ANAN past questions help you become accustomed to the organization’s style and approach to questioning. This familiarity enhances your ability to provide accurate and concise responses in line with ANAN’s expectations.

Real Exam Simulation: Practicing with ANAN past questions creates an environment that simulates the actual exam conditions. This experience helps reduce test anxiety and allows you to focus on demonstrating your knowledge and skills.

How to Make the Most of ANAN Past Questions and Answers:

Structured Study Plan: Create a study plan that allocates specific time slots for practicing past questions. Consistency is key, so stick to your plan and gradually increase the complexity of questions as you progress.

Thorough Review: After attempting each past question, review your answers and understand the rationale behind correct answers. This process enhances your comprehension and retention of key concepts.

Variety and Balance: Cover a wide range of past questions from different subjects and topics. This ensures a comprehensive understanding of the syllabus and reduces the risk of being caught off guard by unfamiliar questions.

Time Yourself: As you get closer to the exam date, time yourself while practicing past questions to simulate the actual exam conditions. This will refine your time management skills and build confidence.

Seek Guidance: If you encounter challenges or have doubts while practicing past questions, don’t hesitate to seek guidance from mentors, tutors, or study groups. Their insights can provide valuable clarity.

Sample Questions on ANAN Past Questions and Answers

VERBAL REASONING
Question 1:
Choose the word that is most nearly opposite in meaning to the given word:
Abundant
Options:
A. Scarce
B. Excessive
C. Plentiful
D. Ample
Answer: A. Scarce

Question 2:
Choose the word that best completes the analogy:
Pencil : Write :: Knife : ?
Options:
A. Cut
B. Cook
C. Eat
D. Chop
Answer: A. Cut

Question 3:
Identify the synonym of the following word:
Eloquent
Options:
A. Fluent
B. Silent
C. Confused
D. Rude
Answer: A. Fluent

Question 4:
Choose the word that does not belong in the group:
A. Apple
B. Banana
C. Orange
D. Carrot
Answer: D. Carrot

Question 5:
Rearrange the following words to form a meaningful sentence:
wonderful / a / vacation / had / they / in / Europe
Options:
A. They had a vacation in Europe wonderful.
B. They had wonderful a vacation in Europe.
C. They had a wonderful vacation in Europe.
D. Europe had a wonderful vacation they in.
Answer: C. They had a wonderful vacation in Europe.

Question 6:
Which of the following is an antonym for “Generous”?
Options:
A. Kind
B. Selfish
C. Grateful
D. Humble
Answer: B. Selfish

Question 7:
Identify the correct analogy:
Teacher : Classroom :: Chef : ?
Options:
A. Restaurant
B. Oven
C. Food
D. Recipe
Answer: A. Restaurant

Question 8:
Choose the word that best fits the blank:
His lack of preparation for the exam resulted in a(n) ______ performance.
Options:
A. Exceptional
B. Mediocre
C. Outstanding
D. Excellent
Answer: B. Mediocre

Question 9:
Find the correct synonym for “Cautious”:
Options:
A. Brave
B. Reckless
C. Careful
D. Adventurous
Answer: C. Careful

Question 10:
Choose the word that is closest in meaning to the given word:
Benevolent
Options:
A. Malevolent
B. Hostile
C. Kind-hearted
D. Malicious
Answer: C. Kind-hearted

NUMERICAL REASONING
Question 1:
If a shirt costs ₦1,500 and its price is increased by 20%, what is the new price?
Options:
A. ₦1,700
B. ₦1,800
C. ₦1,900
D. ₦2,000
Answer: B. ₦1,800

Question 2:
If a car travels 240 kilometers in 3 hours, what is its average speed in kilometers per hour?
Options:
A. 60 km/h
B. 80 km/h
C. 120 km/h
D. 160 km/h
Answer: B. 80 km/h

Question 3:
The sum of two consecutive even integers is 52. What are the integers?
Options:
A. 24, 28
B. 26, 28
C. 28, 30
D. 30, 32
Answer: A. 24, 28

Question 4:
If the area of a square is 81 square meters, what is the length of one side?
Options:
A. 6 meters
B. 9 meters
C. 12 meters
D. 15 meters
Answer: B. 9 meters

Question 5:
If a product is sold for ₦600 with a profit of 20%, what was the cost price?
Options:
A. ₦480
B. ₦500
C. ₦520
D. ₦550
Answer: C. ₦520

Question 6:
A company’s profit in the first quarter was ₦30,000, and in the second quarter, it was ₦40,000. What was the percentage increase in profit from the first quarter to the second quarter?
Options:
A. 10%
B. 20%
C. 25%
D. 33.33%
Answer: B. 20%

Question 7:
If the perimeter of a rectangle is 36 meters and its length is twice its width, what are the dimensions of the rectangle?
Options:
A. Length = 6m, Width = 12m
B. Length = 8m, Width = 10m
C. Length = 9m, Width = 9m
D. Length = 10m, Width = 8m
Answer: B. Length = 8m, Width = 10m

Question 8:
If a box contains 36 red balls and 54 blue balls, what is the ratio of red balls to blue balls in its simplest form?
Options:
A. 2:3
B. 3:2
C. 4:5
D. 5:4
Answer: A. 2:3

Question 9:
The cost of 1 liter of milk is ₦120. What is the cost of 3.5 liters of milk?
Options:
A. ₦380
B. ₦400
C. ₦420
D. ₦450
Answer: D. ₦450

Question 10:
If a shirt is initially priced at ₦2,000 and is discounted by 15%, what is the final sale price?
Options:
A. ₦1,700
B. ₦1,800
C. ₦1,850
D. ₦2,150
Answer: C. ₦1,850

Download ANAN Past Questions and Answers – [Free PDF]