Post Utme Bells University 2024 Accounting Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Bells University Accounting examination.

Post Utme Bells University 2024 Accounting Objective / Multiple Choice

Question 35 POST_UTME_BELLS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current assets of ₦15,000 and a decrease in its non-current assets 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

Correct Option:

Improved liquidity

About This Question

This is Post Utme Bells University 2024 Accounting Question 35. It is one of the objective questions from the 2024 Post Utme Bells University Accounting examination.

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