Day: March 17, 2021

Which of the following will increase profit?

Select ONE answer:

1. increasing depreciation rates
2. increasing distributable reserves
3. increasing the provision for doubtful debts
4. increasing the value of closing stock and work-in-progress

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

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