Post Utme Ims U 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Ims U Accounting examination.

Post Utme Ims U 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_IMS_U • 2025 • ACCOUNTING • objective

A company's bank statement shows a balance of 10,000. However, the company's cash book shows a balance of 12,000. What is the reason for the difference?

Answer Options

A. The bank has charged a service fee.
B. The company has deposited a check that has not yet been cleared.
Correct Answer C. The company has written a check that has not yet been presented for payment.
D. The company has made a mistake in its cash book.
Correct Answer
C
Correct Option:
The company has written a check that has not yet been presented for payment.

About This Question

This is Post Utme Ims U 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Ims U Accounting examination.

View More Post Utme Ims U 2025 Accounting Questions More Post Utme Ims U Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support