WAEC Accounting 2017 Objective — Question 46

Question 46 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.

46. Which of the following is not a method of charging goods to branch by its head office?

A. A. Net realizable valueCorrect
B. B. Cost price
C. C. Cost plus profit
D. D. Selling price

Explanation

Net realizable value is not a method of charging goods to branch by its head office. Standard methods are cost price, cost plus profit, and selling price.

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