Post Utme Noun 2024 Commerce Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice
Question 19 POST_UTME_NOUN • 2024 • COMMERCE • objective

A bank's balance sheet can be described by the following equation: Assets = Liabilities + Equity. What is the value of Equity?

Answer Options

Correct Answer A. Assets - Liabilities
B. Liabilities - Assets
C. Assets + Liabilities
D. Liabilities - Equity
Correct Answer
A
Correct Option:
Assets - Liabilities

About This Question

This is Post Utme Noun 2024 Commerce Question 19. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

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