Cost of rent as an expense can be apportioned to all department on the basis...
FINANCIAL
JAMB 2018
Cost of rent as an expense can be apportioned to all department on the basis of:
- A. No of employees
- B. stock value
- C. space occupied
- D. wages
Correct Answer: C. space occupied
Explanation
Indirect expenses are allocated among departments in order to ascertain the profits or loss made by each department
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