Post Utme Unilorin 2022 Commerce Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice
Question 2 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

A company's financial statements show a decrease in revenue and an increase in expenses. What is the likely effect on the company's profit margin?

Answer Options

A. Increase in profit margin
Correct Answer B. Decrease in profit margin
C. No change in profit margin
D. Uncertain effect on profit margin
Correct Answer
B
Correct Option:
Decrease in profit margin

About This Question

This is Post Utme Unilorin 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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