Post Utme Ims U 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice
Question 34 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A company's financial statements are prepared using the accrual accounting method. Which of the following is a characteristic of accrual accounting?

Answer Options

Correct Answer A. Matching principle
B. Materiality principle
C. Consistency principle
D. Going concern principle
Correct Answer
A
Correct Option:
Matching principle

About This Question

This is Post Utme Ims U 2023 Commerce Question 34. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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