Post Utme Unilorin 2017 Accounting Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2017 Accounting Objective / Multiple Choice

Question 8 POST_UTME_UNILORIN • 2017 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦10,000. What is the next step in correcting the error?

Answer Options

A. Prepare a revised trial balance

Correct Answer B. Investigate the cause of the discrepancy

C. Adjust the ledger accounts

D. Reconcile the bank statement

Correct Answer

Correct Option:

Investigate the cause of the discrepancy

About This Question

This is Post Utme Unilorin 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Unilorin Accounting examination.

View More Post Utme Unilorin 2017 Accounting Questions More Post Utme Unilorin Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support