A business organization prepares departmental account in order to
FINANCIAL
JAMB 2016
A business organization prepares departmental account in order to
- A. asertian the contribution of each department to the organization
- B. ascertain interdepartmental transfer
- C. build other branches
- D. know the number of departments in the organization
Correct Answer: A. asertian the contribution of each department to the organization
Explanation
The main objectives of departmental accounting are: To check out an interdepartmental performance. To evaluate the performance of the department with the previous period result. The gross profit of each department can be ascertained.
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