Post Utme Unn 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Unn Accounting examination.

Post Utme Unn 2023 Accounting Objective / Multiple Choice

Question 11 POST_UTME_UNN • 2023 • ACCOUNTING • objective

In a self-balancing ledger, what is the purpose of the control account?

A. To record all transactions affecting the ledger account

Correct Answer B. To provide a summary of the ledger account

C. To facilitate the preparation of the ledger account

D. To enable the reconciliation of the ledger account

Correct Answer

Correct Option:

To provide a summary of the ledger account

This is Post Utme Unn 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support