Accounting JAMB

The prices used in charging goods to the branches are?

Given:

(i) Cost price (ii) Selling price (iii) Cost plus fixed percentage (iv) Price above cost and selling price

A. i and ii
B. i, ii and iii
C. i, ii, iii and iv
D. iii and iv

Correct Answer:

Option B – i, ii and iii

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