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In a departmental accounting system, which of the following expenses will most likely be apportioned...

Accounts - Principles of Accounts
JAMB 2002

In a departmental accounting system, which of the following expenses will most likely be apportioned on the basis of turnover?
  • A. carriage outwards
  • B. carriage inwards
  • C. discounts received
  • D. returns outwards
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Correct Answer: Option A
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid