Post Utme Greenfield University 2019 Accounting Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2019 Accounting Objective / Multiple Choice
Question 6 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ACCOUNTING • objective

A public sector organization has a cash book and a general ledger. The cash book shows a balance of ₦120,000, while the general ledger shows a balance of ₦150,000. What is the reason for the difference in balances?

Answer Options

A. The cash book is not up-to-date.
B. The general ledger has not been reconciled with the cash book.
Correct Answer C. The cash book has not been reconciled with the general ledger.
D. The cash book and general ledger are not properly maintained.
Correct Answer
C
Correct Option:
The cash book has not been reconciled with the general ledger.

About This Question

This is Post Utme Greenfield University 2019 Accounting Question 6. It is one of the objective questions from the 2019 Post Utme Greenfield University Accounting examination.

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