Post Utme Rsu 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Rsu Accounting examination.

Post Utme Rsu 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_RSU • 2025 • ACCOUNTING • objective

A government agency is responsible for collecting taxes on behalf of the state. The agency's financial year-end is December 31st. What type of account would the agency use to record its financial transactions?

Answer Options

A. Trading Account
B. Profit and Loss Account
C. Balance Sheet
Correct Answer D. Public Sector Accounting
Correct Answer
D
Correct Option:
Public Sector Accounting

About This Question

This is Post Utme Rsu 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Rsu Accounting examination.

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