Post Utme Futo 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Futo Commerce examination.

Post Utme Futo 2017 Commerce Objective / Multiple Choice
Question 36 POST_UTME_FUTO • 2017 • COMMERCE • objective

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

Answer Options

A. Separation of personal and business finances
Correct Answer B. Easy to set up and maintain
C. No need for accounting records
D. Increased tax benefits
Correct Answer
B
Correct Option:
Easy to set up and maintain

About This Question

This is Post Utme Futo 2017 Commerce Question 36. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.

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