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The objective of departmental account is to

The objective of departmental account is to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Ascertain the amount of profits or losses for the enterprise
  • B Ascertain the amount of profits or losses for each department
  • C Ascertain the cost of running the organization
  • D Offset the loss of each department
Correct Answer: Option B
Explanation:
The main objectives of departmental accountingare: To check out an interdepartmental performance. To evaluate the performance of the department with the previous period result. The gross profit of eachdepartment can be ascertained.

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