Post Utme Caleb University 2022 Accounting Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2022 Accounting Objective / Multiple Choice
Question 9 POST_UTME_CALEB_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has a control account for its accounts payable. What is the purpose of the control account?

Answer Options

A. To record the company's purchases
B. To record the company's sales
Correct Answer C. To record the company's accounts payable
D. To record the company's accounts receivable
Correct Answer
C
Correct Option:
To record the company's accounts payable

About This Question

This is Post Utme Caleb University 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.

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