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Additions

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Additions

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by Kim Smith.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • October 27, 2018 at 10:07 am #479918
    jagmeet
    Member
    • Topics: 62
    • Replies: 56
    • ☆☆

    Inspect NCA accounts for a sample o purchases to ensure they have been properly allocated
    What do they mean by allocating purchases

    October 27, 2018 at 4:27 pm #479965
    Kim Smith
    Keymaster
    • Topics: 134
    • Replies: 8304
    • ☆☆☆☆☆

    I have no idea what is the source of this but I imagine it means to check, from the purchase invoice, that the asset is indeed an asset and has been correctly classified (e.g. as equipment) and is not, for example, a repair (which should be expensed).

    October 29, 2018 at 3:56 pm #480143
    jagmeet
    Member
    • Topics: 62
    • Replies: 56
    • ☆☆

    This was from Bpp

    October 29, 2018 at 4:24 pm #480145
    Kim Smith
    Keymaster
    • Topics: 134
    • Replies: 8304
    • ☆☆☆☆☆

    I still imagine it means what I wrote in response.

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