Post Utme Lead City University 2024 Accounting Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2024 Accounting Objective / Multiple Choice

Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

In a public sector accounting system, what is the primary purpose of the 'Chart of Accounts'?

Answer Options

Correct Answer A. To record and classify all financial transactions

B. To prepare the annual budget

C. To monitor and control government expenditures

D. To prepare financial statements

Correct Answer

Correct Option:

To record and classify all financial transactions

About This Question

This is Post Utme Lead City University 2024 Accounting Question 11. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.

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