Post Utme Osustech 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Osustech Commerce examination.

Post Utme Osustech 2022 Commerce Objective / Multiple Choice

Question 32 POST_UTME_OSUSTECH • 2022 • COMMERCE • objective

A bank's balance sheet is a statement that shows its assets, liabilities, and equity at a particular point in time. What is the purpose of the balance sheet?

Answer Options

A. To show the bank's income statement

B. To show the bank's cash flow statement

Correct Answer C. To show the bank's assets, liabilities, and equity

D. To show the bank's risk management strategy

Correct Answer

Correct Option:

To show the bank's assets, liabilities, and equity

About This Question

This is Post Utme Osustech 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.

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