Post Utme Skyline University 2022 Accounting Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice

Question 33 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A government agency prepares its financial statements in accordance with the Public Sector Accounting Standards (PSAS). Which of the following statements is true about the PSAS?

Answer Options

Correct Answer A. PSAS requires the use of accrual accounting

B. PSAS requires the use of cash accounting

C. PSAS requires the use of modified cash accounting

D. PSAS requires the use of special purpose financial statements

Correct Answer

Correct Option:

PSAS requires the use of accrual accounting

About This Question

This is Post Utme Skyline University 2022 Accounting Question 33. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

View More Post Utme Skyline University 2022 Accounting Questions More Post Utme Skyline University Practice Questions Back to Questions

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