Question 21
Question 21 of 30
Question image for Q21
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
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 reasons why a business may account for manufacturing profit

4. Cost and management ac...
4.3. Budgeting and budgetary contro...

how to prepare a statement reconciling the flexible budgeted profit with the actual profit