Post Utme Uniben 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A company has the following financial statements: Balance sheet, Income statement. What is the purpose of the Balance sheet?

Answer Options

A. To show the company's profitability
Correct Answer B. To show the company's financial position
C. To show the company's cash flow
D. To show the company's equity
Correct Answer
B
Correct Option:
To show the company's financial position

About This Question

This is Post Utme Uniben 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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