WAEC Accounting 2014 Objective — Question 47
Question 47 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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A manufacturing account is drawn up by
- A. firms providing personal services
- B. firms engaged solely in buying and selling of goods
- C. firms which make and sell articlesCorrect
- D. non-trading organization
Explanation
A manufacturing account is prepared by firms/organisations that produce output — i.e. firms which make and sell articles.
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