Post Utme Uniport 2021 Commerce Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Uniport Commerce examination.

Post Utme Uniport 2021 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNIPORT • 2021 • COMMERCE • objective

A company's financial statements are audited annually. What is the main purpose of the audit?

Answer Options

A. To ensure compliance with tax laws
Correct Answer B. To verify the accuracy of the financial statements
C. To provide an opinion on the company's creditworthiness
D. To identify areas for cost reduction
Correct Answer
B
Correct Option:
To verify the accuracy of the financial statements

About This Question

This is Post Utme Uniport 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.

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