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Give the objectives of departmental accounting.

Give the objectives of departmental accounting.

Answers


Winnie
-To enable trading results of each department, to be more accurately ascertained for analysis of turnover as well as profits and losses


-To maintain and keep an adequate check on the goods or stocks and cash held by managers and supervisors of each department and to ensure that such a case if fully accounted for

-To control the activities of the departmental managers and staff

-To provide factual and useful information on each department in order to facilitate more effective control and supervision


Wincate 1 answered the question on October 12, 2017 at 15:32

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