Post Utme Futo 2022 Commerce Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Futo Commerce examination.

Post Utme Futo 2022 Commerce Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2022 • COMMERCE • objective

A company's financial statements are prepared using the accrual accounting method. What is the primary advantage of this method?

Answer Options

Correct Answer A. Matching principle
B. Accurate representation of financial position
C. Easy to prepare financial statements
D. Separation of operating and non-operating activities
Correct Answer
A
Correct Option:
Matching principle

About This Question

This is Post Utme Futo 2022 Commerce Question 23. It is one of the objective questions from the 2022 Post Utme Futo Commerce examination.

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