Post Utme Bsu 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Bsu Accounting examination.

Post Utme Bsu 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BSU • 2019 • ACCOUNTING • objective

The following are the financial statements of XYZ Ltd. for the year ended 31st December 2018.

Answer Options

A. Trading profit is higher than net profit.
Correct Answer B. Net profit is higher than trading profit.
C. Trading profit and net profit are equal.
D. Trading profit is lower than net profit.
Correct Answer
B
Correct Option:
Net profit is higher than trading profit.

About This Question

This is Post Utme Bsu 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.

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