Responsibility accounting is particularly concerned with
Historical accounting
Controllable costs
Storekeeping
Valuation of stock
Correct answer is B
No explanation has been provided for this answer.
Cost reports for the intention of management should reflect?
As much details as possible
Summary figures only
Details of non-controllable expenses
Cost and comparable data useful in decision-making
Correct answer is D
No explanation has been provided for this answer.
The Act establishing the institute of Chartered Accountants of Nigeria (ICAN) came into force on?
Ist September, 1960
Ist October, 1960
Ist October,1963
Ist , September,1965
Correct answer is D
No explanation has been provided for this answer.
N26,630
N27,038
N27,150
N27,280
Correct answer is A
No explanation has been provided for this answer.
Decrease in the closing balance of sales ledger control account
Increase in net profit
Increase in the value of sales
Decrease in the value of purchases in the trading account
Correct answer is A
No explanation has been provided for this answer.