Post Utme Osustech 2022 Commerce Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Osustech Commerce examination.

Post Utme Osustech 2022 Commerce Objective / Multiple Choice

Question 35 POST_UTME_OSUSTECH • 2022 • COMMERCE • objective

A company's financial statements are a set of reports that provide information about its financial position, performance, and cash flows. What is the purpose of the income statement?

Answer Options

A. To show the company's assets, liabilities, and equity

B. To show the company's cash flow statement

Correct Answer C. To show the company's income statement

D. To show the company's risk management strategy

Correct Answer

Correct Option:

To show the company's income statement

About This Question

This is Post Utme Osustech 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.

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