Post Utme Bsu 2021 Commerce Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Bsu Commerce examination.

Post Utme Bsu 2021 Commerce Objective / Multiple Choice
Question 29 POST_UTME_BSU • 2021 • COMMERCE • objective

A company's financial statements are not audited annually. What is the legal implication of this?

Answer Options

A. The company is not required to file annual returns.
B. The company is not eligible for tax deductions.
C. The company is not subject to regulatory oversight.
Correct Answer D. The company's financial statements are not reliable.
Correct Answer
D
Correct Option:
The company's financial statements are not reliable.

About This Question

This is Post Utme Bsu 2021 Commerce Question 29. It is one of the objective questions from the 2021 Post Utme Bsu Commerce examination.

View More Post Utme Bsu 2021 Commerce Questions More Post Utme Bsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support