Post Utme Caleb University 2019 Accounting Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 1 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

In a public sector accounting system, what is the primary purpose of the 'Statement of Expenditure'?

Answer Options

A. To record all transactions of the government
B. To report the financial position of the government
Correct Answer C. To show the sources and uses of funds by the government
D. To present the cash and bank balances of the government
Correct Answer
C
Correct Option:
To show the sources and uses of funds by the government

About This Question

This is Post Utme Caleb University 2019 Accounting Question 1. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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