Post Utme Futa 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Futa Commerce examination.

Post Utme Futa 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_FUTA • 2017 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

Answer Options

Correct Answer A. Separate business and personal finances
B. Increased tax benefits
C. Improved credit rating
D. Enhanced business reputation
Correct Answer
A
Correct Option:
Separate business and personal finances

About This Question

This is Post Utme Futa 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Futa Commerce examination.

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