Post Utme Wellspring University 2018 Commerce Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice
Question 31 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • COMMERCE • objective

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

Answer Options

Correct Answer A. Easy accounting and tax compliance
B. Improved business credibility
C. Enhanced personal liability protection
D. Increased business flexibility
Correct Answer
A
Correct Option:
Easy accounting and tax compliance

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 31. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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