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One of the purposes of maintaining the account of a branch at the head office is to?

One of the purposes of maintaining the account of a branch at the head office is to?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Record charges in shareholdings
  • B Record charges in liabilities
  • C Check the excesses of customers
  • D Check and monitor the growth of individual branches
Correct Answer: Option D
Explanation:
The primary objectives of branch accounting are better accountability and control since profitability and efficiency can be closely tracked for individual locations

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