Question 6
Question 6 of 35
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
2. Sources and recording...
2.2. Business documents

recognise and understand the following business documents: invoice, debit note, credit note, statement of account, cheque, receipt

4. Accounting procedures
4.1. Capital and revenue expenditur...

calculate and comment on the effect on profit of incorrect treatment

1. The fundamentals of ac...
1.2. The accounting equation

explain and apply the accounting equation