Post Utme Al Hikmah University 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a cash book over a sales journal?

Answer Options

A. It provides a detailed record of all cash transactions.
B. It allows for the easy identification of cash and credit transactions.
C. It facilitates the preparation of a trial balance.
Correct Answer D. It enables the calculation of the cash balance at any given time.
Correct Answer
D
Correct Option:
It enables the calculation of the cash balance at any given time.

About This Question

This is Post Utme Al Hikmah University 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.

View More Post Utme Al Hikmah University 2020 Commerce 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