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
5. Preparation of financi...
5.6. Incomplete records

calculate sales, purchases, gross profit, trade receivables and trade payables and other figures from incomplete information

4. Accounting procedures
4.3. Other payables and other recei...

recognise the importance of matching costs and revenues