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Question 12(fresco) june 2015 bpp revision kit

This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.

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February 24, 2016 at 10:03 am #301806
tafadzwa
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In the answer to the question…working 1……why is the amount of fraud added to administration costs instead of bieng added to the total cost of sales figure
February 24, 2016 at 10:14 am #301807
MikeLittle
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I don’t know – I don’t possess a BPP revision kit!
I’ve just checked the exam question – why would you want to include it in cost of sales? It isn’t a cost of a sale – the sale has been made and correctly recorded. It’s the receivable that has been stolen
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