Dependent branch doesn't keep any book of account as their entire Accounting work is performed by the head office.
A) true
B) may be false
C) neither true nor false
D) may be true
Correct Answer:
Verified
Q6: To fulfill the audit requirements under section
Q7: The branches which are totally dependent on
Q8: The independent branches are autonomous as they
Q9: Actual petty expenses paid by branch from
Q10: The method of Branch Accounting varies with
Q12: ……………system of book keeping is the only
Q13: In single entry system it's difficult to
Q14: Single entry constitutes incomplete records rather than
Q15: Under pure single entry system only……………..Account are
Q16: Under the………………… entry system personal accounts, cashbook
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