Post Utme Osustech 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Osustech Commerce examination.

Post Utme Osustech 2021 Commerce Objective / Multiple Choice
Question 33 POST_UTME_OSUSTECH • 2021 • COMMERCE • objective

A company's financial statements provide information about its financial position and performance. Which of the following statements is NOT true about a company's financial statements?

Answer Options

A. They provide a snapshot of the company's financial position at a particular point in time
B. They provide information about the company's financial performance over a period of time
C. They are prepared in accordance with accounting standards
Correct Answer D. They are audited by an independent auditor
Correct Answer
D
Correct Option:
They are audited by an independent auditor

About This Question

This is Post Utme Osustech 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Osustech Commerce examination.

View More Post Utme Osustech 2021 Commerce 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