Post Utme Futo 2024 Accounting Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Futo Accounting examination.

Post Utme Futo 2024 Accounting Objective / Multiple Choice

Question 36 POST_UTME_FUTO • 2024 • ACCOUNTING • objective

In a public sector accounting system, what is the primary purpose of the 'General Ledger'?

Correct Answer A. To record and report financial transactions of the government

B. To prepare and present financial statements of the government

C. To control and monitor government expenditures

D. To audit and verify government financial transactions

Correct Answer

Correct Option:

To record and report financial transactions of the government

This is Post Utme Futo 2024 Accounting Question 36. It is one of the objective questions from the 2024 Post Utme Futo Accounting examination.

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