Question 1
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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
3. Financial accounting (...
3.1. Preparation of financial state...

the distinction between a receipts and payments account and an income and expenditure account

1. Financial accounting (...
1.2. The accounting system

the role of books of prime entry in the recording of business transactions: sales journal, sales returns journal, purchases journal, purchases returns journal, cash book, general journal