Post Utme Osustech 2025 Commerce Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Osustech Commerce examination.

Post Utme Osustech 2025 Commerce Objective / Multiple Choice
Question 39 POST_UTME_OSUSTECH • 2025 • COMMERCE • objective

A company in Nigeria is required to file its annual returns with the Corporate Affairs Commission. What is the purpose of filing annual returns?

Answer Options

A. To provide information on the company's financial position
Correct Answer B. To enable the Corporate Affairs Commission to update its records
C. To facilitate the preparation of tax returns
D. To comply with the requirements of the Companies and Allied Matters Act 2020
Correct Answer
B
Correct Option:
To enable the Corporate Affairs Commission to update its records

About This Question

This is Post Utme Osustech 2025 Commerce Question 39. It is one of the objective questions from the 2025 Post Utme Osustech Commerce examination.

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