Post Utme Abu 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Abu Commerce examination.

Post Utme Abu 2018 Commerce Objective / Multiple Choice

Question 21 POST_UTME_ABU • 2018 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

A. Easy accounting and tax compliance

Correct Answer B. Separation of personal and business finances

C. Increased credibility with suppliers and customers

D. Reduced risk of business failure

Correct Answer

Correct Option:

Separation of personal and business finances

This is Post Utme Abu 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Abu Commerce examination.

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