Post Utme Redeemers University 2025 Commerce Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice

Question 1 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a cash basis of accounting?

Answer Options

Correct Answer A. Easier tax compliance

B. Reduced accounting costs

C. Improved cash flow management

D. Enhanced financial reporting

Correct Answer

Correct Option:

Easier tax compliance

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 1. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

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