WAEC Accounting 2024 Objective — Question 26
Question 26 of 50 from the West African Examinations Council (WAEC) Accounting 2024 Objective paper, with the correct answer and a full explanation.
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The objective of preparing a departmental account is to
- A. ascertain the cost of raw materials of each department
- B. ascertain the profit of each departmentCorrect
- C. determine the value of unused stock of each department
- D. calculate the stock turnover ratio of each department
Explanation
Departmental accounts help management see which department is profitable and which is not.
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