Post Utme Ims U 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Ims U Commerce examination.

Post Utme Ims U 2022 Commerce Objective / Multiple Choice
Question 40 POST_UTME_IMS_U • 2022 • COMMERCE • objective

A firm's financial statements are prepared using the accrual accounting method. Which of the following is an example of an accrual?

Answer Options

A. Cash received from customers.
B. Accounts receivable.
Correct Answer C. Depreciation expense.
D. Salaries paid to employees.
Correct Answer
C
Correct Option:
Depreciation expense.

About This Question

This is Post Utme Ims U 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Ims U Commerce examination.

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