Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UI
  4. /
  5. Financial Accounting
  6. /
  7. 2019/2020
  8. /
  9. Q14
Question 14

Departmental accounts are maintained to ascertain the

  • A.profits of the entire organization
  • B.contribution of each department
  • C.expenses of each department
  • D.sales of each department
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2019/2020
Question no.
#14
Type
Objective
Previous · Q13Where a non-profit organization prepares the accounts using accruals basis of… Next · Q15 The gross profit disclosed in the branch stock adjustment account represents

More from this paper

  • Q10Adama's bank account showed an overdraft of N600 on 31st March. On going through…
  • Q11The manufacturing account is prepared to determine the cost of
  • Q12Subscription in arrears are
  • Q16The trial balance showed wages, N2,500 and a note stated that N500 wages were…
  • Q17Which of the following is the effect of an increase in the provision for…
  • Q18Why are adjustments in the profit loss account necessary?
See all Financial Accounting 2019/2020 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy