JAMB Accounting 2012 Objective — Question 36

Question 36 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.

Which of the following methods of invoicing goods to a branch facilitate easy checks on the activities of branches?

A. cost price
B. fixed percentage on cost
C. selling priceCorrect
D. invoice price

Explanation

Invoicing goods to a branch at selling price facilitates easy checks on the activities of the branch.

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