Post Utme Achievers University 2018 Accounting Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2018 Accounting Objective / Multiple Choice
Question 38 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency is required to prepare a statement of financial activities. What is the primary purpose of this statement?

Answer Options

A. To show the financial position of the agency
B. To show the financial performance of the agency
C. To show the cash flows of the agency
Correct Answer D. To show the changes in the financial position of the agency
Correct Answer
D
Correct Option:
To show the changes in the financial position of the agency

About This Question

This is Post Utme Achievers University 2018 Accounting Question 38. It is one of the objective questions from the 2018 Post Utme Achievers University Accounting examination.

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