Question 19

One of the advantages of control account is that

  • A.all errors are localised tus reducing delays in balancing accounts
  • B.all erroes are generalized thus reducing delays in balancing accounts
  • C.book keepers cannot make mistakes
  • D.all errors are posted into the account
  • E.all cash transactions are posted into the accounts
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1992
Question no.
#19
Type
Objective

More from this paper

See all Accounts - principles of accounts 1992 questions