JAMB Accounting 2016 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.

A business organization prepares departmental account in order to

A. know the number of departments in the organization
B. ascertain inter departmental transfer
C. ascertain the contribution of each department to the organizationCorrect
D. build other branches

Explanation

The departmental account helps management know which department is performing and which is not.

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 2016 Objective More Accounting past papers