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O-LevelAccountingAccounting principles and policies7707/11 · May/June 2011 · Q301 Mark

Applying the money measurement principle, what is recorded in a balance sheet?

Abetter staff morale following redecoration of premises
Bimproved public roads to the business premises
Cincrease in efficiency following staff training
Dinstallation of air conditioning to improve staff comfort

✓ Correct answer

D: installation of air conditioning to improve staff comfort

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About this question

Topic
Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2011 Paper 1 Variant 1, question 30.

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