Post Utme Futa 2019 Commerce Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Futa Commerce examination.

Post Utme Futa 2019 Commerce Objective / Multiple Choice
Question 31 POST_UTME_FUTA • 2019 • COMMERCE • objective

A firm's banking relationship involves the use of loans, overdrafts, and credit facilities. What is the primary advantage of banking?

Answer Options

Correct Answer A. To increase the firm's cash flow
B. To reduce the firm's costs
C. To increase the firm's profits
D. To reduce the firm's risk
Correct Answer
A
Correct Option:
To increase the firm's cash flow

About This Question

This is Post Utme Futa 2019 Commerce Question 31. It is one of the objective questions from the 2019 Post Utme Futa Commerce examination.

View More Post Utme Futa 2019 Commerce Questions More Post Utme Futa Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support