Post Utme Unilag 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Unilag Commerce examination.

Post Utme Unilag 2019 Commerce Objective / Multiple Choice

Question 30 POST_UTME_UNILAG • 2019 • COMMERCE • objective

A company's financial statements show a significant increase in revenue, but a decrease in profit. What is the likely explanation for this discrepancy?

A. The company has increased its expenses.

B. The company has decreased its expenses.

Correct Answer C. The company has increased its revenue, but has also increased its expenses.

D. The company has decreased its revenue, but has also decreased its expenses.

Correct Answer

Correct Option:

The company has increased its revenue, but has also increased its expenses.

This is Post Utme Unilag 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Unilag Commerce examination.

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