Post Utme Bells University 2024 Accounting Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Bells University Accounting examination.

Post Utme Bells University 2024 Accounting Objective / Multiple Choice
Question 32 POST_UTME_BELLS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current liabilities of ₦10,000 and a decrease in its non-current liabilities of ₦5,000. What is the net effect on the company's liquidity position?

Answer Options

Correct Answer A. Improved liquidity
B. No change in liquidity
C. Worsened liquidity
D. Unchanged liquidity
Correct Answer
A
Correct Option:
Improved liquidity

About This Question

This is Post Utme Bells University 2024 Accounting Question 32. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.

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