Question: Assets can be revalued in a partnership change because Select one: a. The law insists upon it b. It helps prevent injustice to some partners


Assets can be revalued in a partnership change because Select one: a. The law insists upon it b. It helps prevent injustice to some partners c. Inflation affects all values Od. The depreciation charged on them needs to be reversed The issued capital of a company is Select one: Oa. Always the same as the authorised capital ob. The same as preference share capital O c. Equal to the reserves of the company Od. None of the above The recommended method of departmental accounts is Select one: O a. To allocate expenses in proportion to sales O b. To charge against each department its controllable costs To charge against each department its controllable costs O c. To allocate expenses in proportion to purchases O d. To charge against each department its uncontrollable costs
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