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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.

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11. 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 organization (d) build other branches

  • 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.

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