Post Utme Nile University 2019 Commerce Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Nile University Commerce examination.

Post Utme Nile University 2019 Commerce Objective / Multiple Choice
Question 12 POST_UTME_NILE_UNIVERSITY • 2019 • COMMERCE • objective

A company's warehouse is stocked with goods worth ₦10 million. The goods are insured against theft and damage. What is the purpose of the insurance policy?

Answer Options

Correct Answer A. To protect the company against financial loss
B. To provide employment opportunities for the company's employees
C. To increase the company's revenue
D. To reduce the company's operating costs
Correct Answer
A
Correct Option:
To protect the company against financial loss

About This Question

This is Post Utme Nile University 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Nile University Commerce examination.

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