JAMB Accounting 2016 Objective — Question 6
Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.
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6. Balance sheet of a business disclose information that can be used for (a) business decision making (b) motivating employees (c) determining the work force (d) due process in business
- A. business decision makingCorrect
- B. motivating employees
- C. determining the work force
- D. due process in business
Explanation
Balance sheet shows the financial position of a business concern. Knowing the financial position can help management of the business to make decisions.
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