Utme 2018 Commerce Question 31

Practice objective / multiple choice question 31 from the 2018 Utme Commerce examination. This question covers Banking .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Banking
Question 31 UTME • 2018 • COMMERCE • objective

Bank overdraft as a short term source of fund is

Answer Options

Correct Answer A. a current liability
B. an overdraft account
C. a loan to a newly opened account
D. repayable after more than a year
Correct Answer
A
Correct Option:
a current liability

About This Question

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

The question covers Banking .

Difficulty level: 2 .

View More Utme 2018 Commerce Questions More Utme Practice Questions Back to Questions

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