Post Utme Christopher University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2021 Accounting Objective / Multiple Choice

Question 5 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's financial statements are prepared using the accrual basis of accounting. Which of the following is a characteristic of the accrual basis of accounting?

Answer Options

Correct Answer A. Matching of expenses with revenues

B. Matching of revenues with cash received

C. Matching of expenses with cash paid

D. Matching of revenues with expenses incurred

Correct Answer

Correct Option:

Matching of expenses with revenues

About This Question

This is Post Utme Christopher University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.

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