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Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received.Which accounting concept governs the above?
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Which accounting concept states that omitting or misstating this information could influence users of the financial statements?
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If a supervisor in the Sales department requests the help of the HR Director in a complex disciplinary matter, what direction is the communication flow?
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What name is given to the process whereby an individual defines objectives and formulates action plans for learning with a view to improving his or her own effectiveness?
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A chemical process has a normal wastage of 10% of input. In a period, 2,500 kgs of material were input and there was an abnormal loss of 75 kgs.What quantity of good production was achieved?
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Which of the following statements about an organisation chart is not true?
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Which of the following is a correct definition of 'span of control'?
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Which of the following statements about qualities of good information is false?
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The sales manager has prepared a manpower plan to ensure that sales quotas for the forthcoming year are achieved. This is an example of what type of planning?
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Which of the following may be considered to be objectives of budgeting?(i) Co-ordination(ii) Communication(iii) Expansion(iv) Resource allocation
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What does the statement 'sales is the principal budget factor' mean?
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