Post Utme Osustech 2025 Commerce Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Osustech Commerce examination.

Post Utme Osustech 2025 Commerce Objective / Multiple Choice
Question 2 POST_UTME_OSUSTECH • 2025 • COMMERCE • objective

A company's financial statements are prepared in accordance with the Generally Accepted Accounting Principles (GAAP). Which of the following is a principle of GAAP?

Answer Options

A. Matching principle
B. Materiality principle
Correct Answer C. Consistency principle
D. Going concern principle
Correct Answer
C
Correct Option:
Consistency principle

About This Question

This is Post Utme Osustech 2025 Commerce Question 2. It is one of the objective questions from the 2025 Post Utme Osustech Commerce examination.

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