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The objective of a departmental accounts is to ascertain the

Accounts - Principles of Accounts
JAMB 2025

The objective of a departmental accounts is to ascertain the

  • A. departmental labour turnover
  • B. departmental performance
  • C. stock held by the departmental
  • D. number of staff in the department
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Correct Answer: Option B
Explanation

The objective of departmental accounts is to determine the performance of each department. It involves keeping separate accounts for every department to assess their profitability and aid decision-making.


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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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