Memorandum records of sale on Approval is a part of:
a) Management Accounts
b) Financial Accounts
c) Cost Accounts
d) None of the above
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a)management accounts
Explanation:
A memorandum can have only a certain number of formats; it may have a format specific to an office or institution. In law specifically, a memorandum is a record of the terms of a transaction or contract, such as a policy memo, memorandum of understanding, memorandum of agreement, or memorandum of association.
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