Question 18
Question 18 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
4. Accounting procedures
4.5. Valuation of inventory

prepare simple inventory valuation statements

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

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