Post Utme Babcock University 2024 Commerce Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice

Question 28 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

A foreign company exports goods to Nigeria and receives payment in US dollars. What is the impact on the company's cash flow?

Answer Options

A. The company's cash flow increases

Correct Answer B. The company's cash flow decreases

C. The company's cash flow remains the same

D. The company's cash flow is unaffected

Correct Answer

Correct Option:

The company's cash flow decreases

About This Question

This is Post Utme Babcock University 2024 Commerce Question 28. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.

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