JAMB Accounting 2009 Objective — Question 33

Question 33 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2009 Objective paper, with the correct answer and a full explanation.

33. I. Space occupied by each department II. Average value of stock held by each department III. Departmental turnover IV. Number of articles sold by each department. What are the two most logical bases for apportioning expenses common to departments?

A. I and II
B. I and IIICorrect
C. II and III
D. III and IV

Explanation

Space occupied (I) and departmental turnover (III) are the most logical common bases for apportioning shared departmental expenses.

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