Question 19
Question 19 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

how to calculate the break-even point, contribution to sales ratio, level of output or sales to achieve a target profit, and margin of safety

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

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

4. Cost and management ac...
4.1. Activity based costing (ABC)

the effect of different methods of overhead absorption on cost and profit