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

the features and accounting treatment of ordinary shares, bonus issues, rights issues, debentures, dividends and reserves

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

how to prepare, from full or incomplete accounting records: a receipts and payments account, accounts for trading and revenue-generating activities, a subscriptions account, an income and expenditure account, a statement of financial position