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The Profit & Loss Account

The aim of these questions is to assess how an increase in indirect costs will impact on the profit & loss account.

What should be the impact on profit before taxation of an increase in indirect costs?(select one answer)

(a) * increase
(b) * decrease
(c) * remain the same

What is the impact of an increase in office staff salaries to £24,000, and an increase in office running costs to 0.025 per mile? Try This

(Type your answer to the previous question in the box below, then click on explain)

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