Accounting WAEC

Discount received is apportioned to each department on the basis of?

A. Floor area
B. Turnover
C. Purchases
D. Horse-power

Correct Answer: Option C

C. Purchases

Explanation

Discount received suggested basis of allocation is purchased. It should be noted that the basis of the allocation of expenses will depend on the method specified in the examination.

Sunday

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

10 months ago