Post Utme Uniosun 2017 Accounting Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2017 Accounting Objective / Multiple Choice

Question 35 POST_UTME_UNIOSUN • 2017 • ACCOUNTING • objective

A company's bank reconciliation statement shows the following discrepancies: Bank balance: ₦5,000, Cash balance: ₦3,000. What is the reason for the discrepancy?

Answer Options

A. Bank error

B. Cash error

Correct Answer C. Both bank and cash errors

D. Neither bank nor cash error

Correct Answer

Correct Option:

Both bank and cash errors

About This Question

This is Post Utme Uniosun 2017 Accounting Question 35. It is one of the objective questions from the 2017 Post Utme Uniosun Accounting examination.

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