Post Utme Osustech 2019 Accounting Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Osustech Accounting examination.

Post Utme Osustech 2019 Accounting Objective / Multiple Choice
Question 30 POST_UTME_OSUSTECH • 2019 • ACCOUNTING • objective

A company uses the 'Self-Balancing Ledger' system to account for its transactions. What is the primary advantage of this system?

Answer Options

Correct Answer A. It provides accurate and up-to-date financial information
B. It facilitates the preparation of financial statements
C. It enables the company to identify and control costs
D. It simplifies the accounting process
Correct Answer
A
Correct Option:
It provides accurate and up-to-date financial information

About This Question

This is Post Utme Osustech 2019 Accounting Question 30. It is one of the objective questions from the 2019 Post Utme Osustech Accounting examination.

View More Post Utme Osustech 2019 Accounting Questions More Post Utme Osustech Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support