Post Utme Rsu 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice

Question 38 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. However, the bank statement shows a balance of ₦60,000. What is the most likely cause of the discrepancy?

A. Error in the preparation of the cash book

B. Omission of a transaction in the cash book

Correct Answer C. Error in the posting of a transaction to the ledger

D. Error in the calculation of the bank statement

Correct Answer

Correct Option:

Error in the posting of a transaction to the ledger

This is Post Utme Rsu 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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