Question 2
Question 2 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
1. The fundamentals of ac...
1.1. The purpose of accounting

understand and explain the difference between book-keeping and accounting

2. Sources and recording...
2.1. The double entry system of boo...

process accounting data using the double entry system