Question 23
Question 23 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...
5.4. Clubs and societies

prepare income and expenditure accounts and statements of financial position

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

distinguish between and account for capital expenditure and revenue expenditure