Post Utme Uniosun 2022 Commerce Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

A company's financial statements show a net income of ₦500,000, but the company has a cash flow deficit of ₦200,000. What does this indicate?

Answer Options

Correct Answer A. The company is profitable but has poor cash management
B. The company is not profitable and has poor cash management
C. The company is profitable and has good cash management
D. The company is not profitable and has good cash management
Correct Answer
A
Correct Option:
The company is profitable but has poor cash management

About This Question

This is Post Utme Uniosun 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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