A business organization prepares departmental account in ...
A business organization prepares departmental account in order to
Ascertain the contribution of each department to the organization
Ascertain interdepartmental transfer
Build other branches
Know the number of departments in the organization
Correct answer is A
The main objectives of departmental accounting are: To check out an interdepartmental performance. To evaluate the performance of the department with the previous period result. The gross profit of each department can be ascertained.
Which of the following is not part of cost of production? ...
\(\begin{array}{c|c} & D\\ \hline \text{Purchase of raw materials} & 236,500\\ \text{Returns...
The accumulation fund of a non-trading concern can equally be referred to as ...
The double entry to record the proceeds on disposal of assets in debit ...