WAEC Accounting 2015 Objective — Question 26

Question 26 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.

Which of the following is not revealed by a firm's accounting records?

A. Profit of a period
B. Quality of labour forceCorrect
C. Credit worthiness
D. Value of assets

Explanation

The quality of a firm's labour force is not something that shows up anywhere in its accounting records, unlike profit, credit worthiness or asset values.

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