Post Utme Summit University 2025 Accounting Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 20 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A government agency is required to prepare a cash flow statement in accordance with the cash basis of accounting. Which of the following items would NOT be included in the cash flow statement?

Answer Options

A. Cash received from customers
B. Cash paid to suppliers
Correct Answer C. Depreciation expense
D. Increase in accounts payable
Correct Answer
C
Correct Option:
Depreciation expense

About This Question

This is Post Utme Summit University 2025 Accounting Question 20. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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