Post Utme Ims U 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 6 POST_UTME_IMS_U • 2017 • COMMERCE • objective

In a sole trade business, the owner's personal and business finances are not separate. What is the primary advantage of this type of business?

Answer Options

Correct Answer A. Easy setup and registration
B. Separate personal and business finances
C. Flexibility in decision-making
D. Increased tax benefits
Correct Answer
A
Correct Option:
Easy setup and registration

About This Question

This is Post Utme Ims U 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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