Post Utme Uniport 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Uniport Accounting examination.

Post Utme Uniport 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNIPORT • 2020 • ACCOUNTING • objective

A company uses the self-balancing ledger to record its financial transactions. Which of the following is a characteristic of the self-balancing ledger?

Answer Options

A. It is a subsidiary ledger.
B. It is a general ledger.
C. It is a non-self-balancing ledger.
Correct Answer D. It is a self-balancing ledger.
Correct Answer
D
Correct Option:
It is a self-balancing ledger.

About This Question

This is Post Utme Uniport 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Uniport Accounting examination.

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