Free account: track your progress — Sign up free

JAMB Accounting 2008 Objective — Question 33

Question 33 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.

The main reason for adopting a departmental account is to

A. record transactions for each department for better documentation
B. tackle any recording problem as a result of expansion
C. continuously evaluate the profitability of different departmentsCorrect
D. ensure that departmental managers are adequately monitored

Explanation

Departmental account is used to monitor the profitability of departments.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Accounting 2008 Objective More Accounting past papers