Post Utme Noun 2021 Accounting Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 4 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company uses the single entry system of accounting. What is the main advantage of this system?

Answer Options

Correct Answer A. It is easy to use and understand
B. It is less time-consuming than the double entry system
C. It is more accurate than the double entry system
D. It is less expensive than the double entry system
Correct Answer
A
Correct Option:
It is easy to use and understand

About This Question

This is Post Utme Noun 2021 Accounting Question 4. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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