Post Utme Lasu 2024 Commerce Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 35 POST_UTME_LASU • 2024 • COMMERCE • objective

A company's financial statements show that its revenue has increased by 15% over the previous year, while its expenses have increased by 10%. What is the most likely explanation for this phenomenon?

Answer Options

A. The company has improved its pricing strategy.
Correct Answer B. The company has increased its sales volume.
C. The company has reduced its expenses.
D. The company has improved its cost management practices.
Correct Answer
B
Correct Option:
The company has increased its sales volume.

About This Question

This is Post Utme Lasu 2024 Commerce Question 35. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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