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

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

how to prepare ledger accounts and journal entries for: non-current assets (acquisition and revaluation), depreciation and disposal (including entries for part exchange)

how to prepare ledger accounts and journal entries to correct errors using a suspense account