Question 22
Question 22 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
5. Preparation of financi...
5.1. Sole traders

recognise and define the content of a statement of financial position: non-current assets, intangible assets, current assets, current liabilities, non-current liabilities and capital

3. Verification of accoun...
3.2. Correction of errors

understand the effect of correction of errors on a statement of financial position

5. Preparation of financi...
5.3. Limited companies

prepare income statements, statements of changes in equity and statements of financial position