- 1 Marks
FA – Nov 2012 – L1 – SA – Q18 – Financial Statements Preparation
Identifying the effect of transferring manufactured goods at market value.
Question
The effect of transferring manufactured goods at market value is that:
A. Profit is made on goods manufactured
B. Unsold stock of finished goods is carried at a value above cost
C. It encourages manufacturing of goods rather than being purchased
D. It encourages manufacturers to have good planning
E. Cost of goods produced can be reduced in order to increase sales
Find Related Questions by Tags, levels, etc.
- Tags: Manufactured Goods, Profit, Stock
- Level: Level 1
- Topic: Financial Statements Preparation
- Series: NOV 2012
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