Post Utme Esut 2024 Commerce Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice

Question 26 POST_UTME_ESUT • 2024 • COMMERCE • objective

In a sole trade business, what is the primary advantage of using a cash book?

Correct Answer A. It helps to record all transactions in a single book

B. It simplifies the process of preparing financial statements

C. It reduces the risk of errors in recording transactions

D. It increases the accuracy of financial reporting

Correct Answer

Correct Option:

It helps to record all transactions in a single book

This is Post Utme Esut 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

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