Post Utme Bells University 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Bells University Accounting examination.

Post Utme Bells University 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_BELLS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's profit and loss account shows a net profit of ₦50,000. The company's balance sheet shows an increase in its current assets of ₦20,000 and a decrease in its non-current assets of ₦10,000. What is the net effect on the company's cash flow?

Answer Options

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

About This Question

This is Post Utme Bells University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.

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