In a non-integrated accounting system. the balance shown on the cost ledger control account at the beginning of a financial year is A equal to the value of accumulated reserves shown in the financial accounts B equal to the value of stocks and work in progress shown in the financial accounts.

C equal to the value of stocks and work in progress shown in the cost accounts.

D equal but opposite to the value of the stocks and work in progress shown in the financial accounts.

E equal but opposite to the value of the stocks and work in progress shown in the cost accounts.

CIMA. Stage 2, November 1995 AppendixLO1