Post Utme Al Hikmah University 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice

Question 36 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

In a public sector accounting system, what is the primary purpose of the Chart of Accounts?

Answer Options

Correct Answer A. To record and report financial transactions

B. To classify and analyze financial data

C. To identify and report assets, liabilities, and equity

D. To prepare and present financial statements

Correct Answer

Correct Option:

To record and report financial transactions

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

View More Post Utme Al Hikmah University 2020 Accounting Questions More Post Utme Al Hikmah University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support