Post Utme Osustech 2021 Commerce Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Osustech Commerce examination.

Post Utme Osustech 2021 Commerce Objective / Multiple Choice
Question 35 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 35. It is one of the objective questions from the 2021 Post Utme Osustech Commerce examination.

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