JAMB Accounting Past Questions & Answers - Page 125

621.

In a departmental account, the expenses to be apportioned on the basis of turnover is

A.

Carriage inwards

B.

Returns outwards

C.

Discount recieved

D.

Carriage outwards

Correct answer is A

No explanation has been provided for this answer.

622.

In a departmental account, where no basis of apportionment exist, apportionment is

A.

On profit basis

B.

According to employee decision

C.

According to material available

D.

On equal basis

Correct answer is D

No explanation has been provided for this answer.