Post Utme Elizade University 2019 Commerce Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice

Question 1 POST_UTME_ELIZADE_UNIVERSITY • 2019 • COMMERCE • objective

In a sole trade business, the owner's personal and business finances are not separated. What is the primary advantage of this arrangement?

Answer Options

Correct Answer A. Separation of personal and business finances

B. Increased tax liability

C. Reduced administrative costs

D. Improved business credit rating

Correct Answer

Correct Option:

Separation of personal and business finances

About This Question

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

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