Question 31
Question 31 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
6. Analysis and interpret...
6.2. Interpretation of accounting r...

understand the significance of the difference between the gross margin and the profit margin as an indicator of a business’s efficiency

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

make adjustments for provision for depreciation using the straight line, reducing balance and revaluation methods