Post Utme Uniosun 2018 Commerce Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2018 Commerce Objective / Multiple Choice
Question 13 POST_UTME_UNIOSUN • 2018 • COMMERCE • objective

A company purchases a warehouse from a supplier. The warehouse is used for storing goods, but it is also used for other purposes, such as office space and storage of equipment. What is the primary accounting principle that governs the treatment of this warehouse?

Answer Options

A. The principle of matching
B. The concept of depreciation
Correct Answer C. The rule of capitalization
D. The doctrine of expensing
Correct Answer
C
Correct Option:
The rule of capitalization

About This Question

This is Post Utme Uniosun 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Uniosun Commerce examination.

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