Post Utme Greenfield University 2019 Commerce Question 21

Practice objective / multiple choice question 21 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice

Question 21 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

Answer Options

Correct Answer A. Separate personal and business finances

B. Easy to manage cash flow

C. Increased credibility with suppliers

D. Reduced tax liability

Correct Answer

Correct Option:

Separate personal and business finances

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 21. It is one of the objective questions from the 2019 Post Utme Greenfield University Commerce examination.

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