A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2014 · Q111 Mark
A trader decides to prepare departmental accounts. Which statements explain the reason for his decision? 1 To be able to calculate inventory for each department. 2 To establish how to improve service to customers. 3 To have a basis for calculating staff bonuses. 4 To know the profit for each department.
A1 and 2
B1 and 4
C2 and 3
D3 and 4
✓ Correct answer
D: 3 and 4
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