Question 2
Question 2 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 (...
1.2. The accounting system

the advantages and disadvantages of maintaining full accounting records

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

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

the advantages and disadvantages to the company and to the shareholders of a company making a bonus issue of shares and a rights issue of shares