WAEC Accounting 2014 Objective — Question 15
Question 15 of 50 from the West African Examinations Council (WAEC) Accounting 2014 Objective paper, with the correct answer and a full explanation.
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The cost of carriage outward is classified as
- A. a selling and distribution expenseCorrect
- B. an administrative expense
- C. a trading expense
- D. a finance expense
Explanation
Carriage outward relates to the cost of delivering goods sold, so it is classified as a selling and distribution expense.
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