Post Utme Osustech 2017 Commerce Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Osustech Commerce examination.

Post Utme Osustech 2017 Commerce Objective / Multiple Choice
Question 13 POST_UTME_OSUSTECH • 2017 • COMMERCE • objective

A company's cash flow statement shows a net increase in cash of ₦1,000,000. However, the company's income statement shows a net income of ₦500,000. What is the likely reason for the discrepancy?

Answer Options

Correct Answer A. The company has a high level of accounts receivable
B. The company has a high level of accounts payable
C. The company has a high level of inventory
D. The company has a high level of depreciation
Correct Answer
A
Correct Option:
The company has a high level of accounts receivable

About This Question

This is Post Utme Osustech 2017 Commerce Question 13. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.

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