Interdepartmental transfer
Inter-departmental sales
Intra-departmental purchases
Intra-department sales
Correct answer is C
No explanation has been provided for this answer.
The objective of a departmental accounts is to ascertain the
Number of staff in the department
Departmental performance
Stock held by the department
Departmental labour
Correct answer is A
No explanation has been provided for this answer.
When allotment of shares is made applicants for shares of a company become
Promoters
Creditors
Debtors
Shareholders
Correct answer is B
No explanation has been provided for this answer.
Use the following information to answer the question below
7 times
6 times
5 times
4 times
Correct answer is D
No explanation has been provided for this answer.
Use the following information to answer the question below
61.82%
38.17%
28.49%
14.25%
Correct answer is B
Gross profit = sales - cost of goods sold
= 18,600 - 11,500 = 7,100
Percentage = 7,100/18,600 x 100
= 38.17%