Post Utme Futa 2025 Commerce Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Futa Commerce examination.

Post Utme Futa 2025 Commerce Objective / Multiple Choice

Question 18 POST_UTME_FUTA • 2025 • COMMERCE • objective

A company's financial statements include a balance sheet, income statement, and cash flow statement. Which of the following is the primary purpose of the balance sheet?

A. To show the company's profitability

B. To show the company's liquidity

Correct Answer C. To show the company's financial position at a specific point in time

D. To show the company's cash flows

Correct Answer

Correct Option:

To show the company's financial position at a specific point in time

This is Post Utme Futa 2025 Commerce Question 18. It is one of the objective questions from the 2025 Post Utme Futa Commerce examination.

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