Question 29
Question 29 of 30
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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
2. Cost and management ac...
2.2. Traditional costing methods

the causes and the calculation of under absorption and over absorption of overheads

2. Cost and management ac...
2.1. Costs and cost behaviour

how to identify and calculate fixed costs, variable costs, semi-variable costs and stepped costs

3. Financial accounting (...
3.1. Preparation of financial state...

how to account for manufacturing profit and the elimination of unrealised profit from unsold inventory