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JAMB Accounting 2017 Objective — Question 6

Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

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Balance sheet of a business discloses information that can be used for

  • A. A. business decision makingCorrect
  • B. B. motivating employees
  • C. C. determining the work force
  • D. D. due process in business

Explanation

The balance sheet shows the financial position of a business; knowing this helps management make business decisions.

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