The cost price method is applicable when _____?

By: |Published on: Nov 28|Categories: Accounting JAMB| 0 comments

A. Goods are sold at specific prices
B. goods are perishable
C. goods attract different gross profit percentage
D. to disclose gross profit or loss

Correct Answer:

Option B – goods are perishable

Explanation

cost price method is used to enhance quick sales

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