Post Utme Lasu 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Lasu Commerce examination.

Post Utme Lasu 2025 Commerce Objective / Multiple Choice
Question 26 POST_UTME_LASU • 2025 • COMMERCE • objective

A company's financial statements show a decrease in cash and cash equivalents of ₦1,500,000. However, the company's profit before tax increased by ₦2,000,000. What is the most likely explanation for this discrepancy?

Answer Options

A. The company made a significant investment in a long-term asset.
Correct Answer B. The company paid a large dividend to its shareholders.
C. The company had a significant decrease in accounts receivable.
D. The company had a significant increase in accounts payable.
Correct Answer
B
Correct Option:
The company paid a large dividend to its shareholders.

About This Question

This is Post Utme Lasu 2025 Commerce Question 26. It is one of the objective questions from the 2025 Post Utme Lasu Commerce examination.

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