JAMB Accounting 2019 Objective — Question 2
Question 2 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2019 Objective paper, with the correct answer and a full explanation.
Advertisement
The basic role of accounting is to
- A. detect fraud
- B. attest to financial statements
- C. measure performanceCorrect
- D. protect shareholders
Explanation
Accounting exists to report/measure the performance of an organisation over a particular period of time.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.