Post Utme Joseph Ayo Babalola University 2019 Commerce Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2019 Commerce Objective / Multiple Choice
Question 6 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

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

Answer Options

A. Separation of personal and business finances
B. Increased tax liability
C. Improved financial reporting
Correct Answer D. Reduced business risk
Correct Answer
D
Correct Option:
Reduced business risk

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 6. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

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