Post Utme Rsu 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Rsu Commerce examination.

Post Utme Rsu 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_RSU • 2017 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

Answer Options

A. Easy accounting and tax compliance
Correct Answer B. Separation of personal and business finances
C. Increased credibility with suppliers and customers
D. Reduced risk of business failure
Correct Answer
B
Correct Option:
Separation of personal and business finances

About This Question

This is Post Utme Rsu 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Rsu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support