1.> Trading Account is prepared to know: Select one: a. Financial Position of business b....

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Accounting

1.>

Trading Account is prepared to know:

Select one:

a. Financial Position of business

b. Net Profit or Loss of business

c. Gross Profit or Loss of business

d. Both (A) or (B)

2.

Management accounting is not bound by the accounting standards.

Select one:

True

False

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