Post Utme Unilag 2021 Commerce Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNILAG • 2021 • COMMERCE • objective

A bank's balance sheet consists of two main components: assets and liabilities. What is the primary function of the assets component in a bank's balance sheet?

Answer Options

A. To show the bank's equity and retained earnings
Correct Answer B. To display the bank's assets and liabilities
C. To calculate the bank's net worth
D. To determine the bank's capital adequacy ratio
Correct Answer
B
Correct Option:
To display the bank's assets and liabilities

About This Question

This is Post Utme Unilag 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

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