JAMB Accounting 2014 Objective — Question 35
Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2014 Objective paper, with the correct answer and a full explanation.
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In a department account, the expenses to be apportioned on the basis of turnover is
- A. carriage inwards
- B. returns outwards
- C. discount received
- D. carriage outwardsCorrect
Explanation
Carriage outward is related to the sales which each department has made. Thus, the carriage outward is apportioned on the basis of turnover.
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