Post Utme Summit University 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Summit University Accounting examination.

Post Utme Summit University 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's financial statements are audited annually by an independent auditor. The auditor's report is presented to the shareholders at the annual general meeting. Which of the following is a principle of accounting that is relevant to this scenario?

Answer Options

A. Going Concern
B. Materiality
Correct Answer C. Consistency
D. Comparability
Correct Answer
C
Correct Option:
Consistency

About This Question

This is Post Utme Summit University 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Summit University Accounting examination.

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