Which of the following methods of invoicing goods to branches facilitate easy checks on the activities of branches?

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

A. Selling price
B. Fixed percentage on cost
C. Cost price
D. Invoice price

Correct Answer:

Option C – Cost price

Explanation

Goods are transferred from head office to branch at cost price, selling price and cost price plus mark up

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