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JAMB Accounting 2014 Objective — Question 36

Question 36 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2014 Objective paper, with the correct answer and a full explanation.

In a departmental account, where no basis of apportionment exists, apportionment is

A. on profit basis
B. according to employee decision
C. on material available basis
D. on equal basisCorrect

Explanation

If no basis of apportionment exists, then the basis used will be shared equally.

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