Question 24
Question 24 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
3. Financial accounting (...
3.1. Preparation of financial state...

how to prepare a manufacturing account, to differentiate between direct and indirect expenses and to include factory profit

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

how to identify and calculate the elements of direct and indirect costs

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

how to prepare a statement reconciling the flexible budgeted cost of production with the actual cost of production