Which of the following methods of invoicing goods to branches facilitate easy checks on the...

FINANCIAL
JAMB 2018

Which of the following methods of invoicing goods to branches facilitate easy checks on the activities of branches?

  • A. Selling price
  • B. Fixed percentage on cost
  • C. Cost price
  • D. Invoice price

Correct Answer: C. Cost price

Explanation

Goods are transferred from head office to branch at cost price, selling price and cost price plus mark up



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