Post Utme Christopher University 2021 Accounting Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2021 Accounting Objective / Multiple Choice
Question 2 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses a self-balancing ledger system. Which of the following is a characteristic of a self-balancing ledger?

Answer Options

Correct Answer A. The ledger is balanced at the end of each accounting period
B. The ledger is balanced at the end of each month
C. The ledger is balanced at the end of each quarter
D. The ledger is balanced at the end of each year
Correct Answer
A
Correct Option:
The ledger is balanced at the end of each accounting period

About This Question

This is Post Utme Christopher University 2021 Accounting Question 2. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.

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