Post Utme Joseph Ayo Babalola University 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2017 Commerce Objective / Multiple Choice

Question 6 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • COMMERCE • objective

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

Answer Options

Correct Answer A. Easy accounting and tax compliance

B. Improved cash flow management

C. Enhanced business credibility

D. Reduced business risk

Correct Answer

Correct Option:

Easy accounting and tax compliance

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Commerce examination.

View More Post Utme Joseph Ayo Babalola University 2017 Commerce Questions More Post Utme Joseph Ayo Babalola University 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