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QUESTION ONE (4+4=8 marks ) Below is an extract from the profit and loss statement of Woolworths for the financial year end 2022. Only three
QUESTION ONE (4+4=8 marks ) Below is an extract from the profit and loss statement of Woolworths for the financial year end 2022. Only three expense lines items have been disclosed. Consolidated Statement of Profit or Loss Required (a) Provide two reasons why more expense line items are not disclosed (4 marks) (b) Discuss two reasons why there may be a more efficient allocation of resources if more expense line items were disclosed (4 marks) . QUESTION ONE (4+4=8 marks ) Below is an extract from the profit and loss statement of Woolworths for the financial year end 2022. Only three expense lines items have been disclosed. Consolidated Statement of Profit or Loss Required (a) Provide two reasons why more expense line items are not disclosed (4 marks) (b) Discuss two reasons why there may be a more efficient allocation of resources if more expense line items were disclosed (4 marks)
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