cameroon gce advanced level cost and management accounting 1
cameroon gce advanced level cost and management accounting 1
The cash in cashment for three months is
October 740,000 CFAF, November 950,000
CFAF December 1,050,000 CFAF.
The cash disbursement for same period is
November 550,000 CFAF, October 320,000
CFAF and December is half of November.
The negative opening balance is 220,000 CFAF.
What is the closing balance as at 31 December
2019?
| A | 1 520,000 CFAF |
| B | 1 325,000 CFAF |
| C | 1 375,000 CFAF |
| D | 1 050,000 CFAF |
The average cost of a project is 500,000 CFAF
The average profit of the project is
200,000 CFAF
What is the accounting rate of return (ARR)?
| A | 60 % |
| B | 50 % |
| C | 40 % |
| D | 20 % |
