Free account: track your progress — Sign up free

WAEC Accounting 2021 Objective — Question 38

Question 38 of 50 from the West African Examinations Council (WAEC) Accounting 2021 Objective paper, with the correct answer and a full explanation.

Advertisement

The objective of preparing departmental accounts is to determine the

  • A. sales of each department
  • B. total cost attributable to each department
  • C. capital employed by each department
  • D. profitability of each departmentCorrect

Explanation

Departmental accounts are used to determine which section (department) of a business is profitable and which is not.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.