In accounting context, purchases refer to
Goods bought and paid only
Goods bought for resale only
Goods bought on credit only
Goods bought to be used in the firm
Correct answer is B
Purchase are goods or stocks bought for the purpose of resselling.
Typing Speed and Accuracy Test
Logical Reasoning Questions and Answers
Quantitative Reasoning Questions and Answers
Puzzles Questions and Answers
Numerical Reasoning Questions and Answers
Nigeria General Knowledge Questions and Answers
Data Interpretation Questions and Answers
Situational Judgement Questions and Answers
Personality Test
Verbal Reasoning Questions and Answers
Abstract Reasoning Questions and Answers
Spatial Reasoning Questions and Answers
Microsoft Office Questions and Answers
See all →