JAMB Accounting 2017 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

A business organization prepares departmental accounts in order to

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

Explanation

Departmental accounts help management know which department is performing well and which is not, i.e. each department's contribution.

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