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JAMB Accounting 2018 Objective — Question 16

Question 16 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2018 Objective paper, with the correct answer and a full explanation.

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The main objective of accounting report is to provide information about

  • A. the efficacy of assets
  • B. a company's shareholding
  • C. a company's economic resourcesCorrect
  • D. an entity's management

Explanation

The main objective of accounting report is to communicate the company's economic resources to all interested persons.

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