(i) Facilitating the preparation of final accounts (ii) Making the existence of error easy to...
FINANCIAL
JAMB 2007
(i) Facilitating the preparation of final accounts (ii) Making the existence of error easy to detect (iii)Checking the accuracy of positions periodically.
From the above, which of the following are among the uses of control accounts?
- A. i, ii and iii
- B. i and iii
- C. ii and iii
- D. i and ii
Correct Answer: C. ii and iii
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