Post Utme Noun 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice
Question 36 POST_UTME_NOUN • 2024 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

Answer Options

Correct Answer A. Separate personal and business finances
B. Increased tax deductions
C. Improved credit rating
D. Enhanced business reputation
Correct Answer
A
Correct Option:
Separate personal and business finances

About This Question

This is Post Utme Noun 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

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