Waec Model Questions Vol1 2025 Financial Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 32 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

Which of the following is NOT an accounting concept? A) Going concern B) Accrual basis C) Matching principle D) Financial independence

Answer Options

A. A) Financial stability
B. B) Cash basis
Correct Answer C. D) Financial independence
D. C) Cost principle
Correct Answer
C
Correct Option:
D) Financial independence

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 32. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

Master the Exam!

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