The objective of departmentalization is to
...The objective of departmentalization is to
Ensure that departmental managers are adequately monitored
Record transactions for each department for better documentation
Tackle any recording problem as a result of expansion
Evaluate the profit of different departments
Correct answer is D
The preparation of departmental accounts will show which department is most profitable and may guide in decision making process as to which department must be closed down in some organizations.
Subscriptions in arrears is treated in the balance sheet of a club as ...
i Operating machines ii Furniture iii Fixtures and fitting iv Loan from friends V Creditors W...
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...
The amount for which a business is sold is ...
Which of the following is not an administrative expenses in a manufacturing organization? ...
Which of the following belongs to the Nominal Ledger? ...
An example of a credit entry in a profit and loss account is ...