Post Utme Uniben 2019 Commerce Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A company's cash flow statement shows a net increase in cash of ₦500,000. What does this indicate about the company's financial performance?

Answer Options

A. The company has increased its profits.
B. The company has decreased its expenses.
Correct Answer C. The company has increased its cash reserves.
D. The company has decreased its debt.
Correct Answer
C
Correct Option:
The company has increased its cash reserves.

About This Question

This is Post Utme Uniben 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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