Question 14
Question 14 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

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

the causes and the calculation of under absorption and over absorption of overheads

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