Post Utme Veritas University 2024 Commerce Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice
Question 21 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

In a sole trader business, what is the primary advantage of using a separate business bank account?

Answer Options

A. Easy accounting and tax compliance
B. Improved business credibility and reputation
Correct Answer C. Enhanced financial security and reduced risk
D. Increased business flexibility and adaptability
Correct Answer
C
Correct Option:
Enhanced financial security and reduced risk

About This Question

This is Post Utme Veritas University 2024 Commerce Question 21. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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