JAMB - Accounts Principles Of Accounts (2025 - No. 41)
The objective of a departmental accounts is to ascertain the
departmental labour turnover
departmental performance
stock held by the departmental
number of staff in the department
Explanation
The objective of departmental accounts is to determine the performance of each department. It involves keeping separate accounts for every department to assess their profitability and aid decision-making.
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