Post Utme Futo 2018 Commerce Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Futo Commerce examination.

Post Utme Futo 2018 Commerce Objective / Multiple Choice
Question 38 POST_UTME_FUTO • 2018 • COMMERCE • objective

A company's financial statements are prepared using the accrual basis of accounting. Which of the following is a key characteristic of this method?

Answer Options

Correct Answer A. Matching principle
B. Materiality principle
C. Consistency principle
D. Going concern principle
Correct Answer
A
Correct Option:
Matching principle

About This Question

This is Post Utme Futo 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Futo Commerce examination.

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