Post Utme Mountain Top University 2025 Accounting Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2025 Accounting Objective / Multiple Choice
Question 30 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's Balance Sheet shows a non-current asset of ₦100,000. What is the effect of this asset on the company's liquidity position?

Answer Options

A. Increases liquidity
B. Decreases liquidity
Correct Answer C. No effect on liquidity
D. Unknown effect on liquidity
Correct Answer
C
Correct Option:
No effect on liquidity

About This Question

This is Post Utme Mountain Top University 2025 Accounting Question 30. It is one of the objective questions from the 2025 Post Utme Mountain Top University Accounting examination.

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