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JAMB Commerce 2023 Objective — Question 16

Question 16 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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Which of the following enterprises is mandated by law to publish its financial statement? A.

  • A. Private limited liability company
  • B. public limited liability companyCorrect
  • C. partnership concern
  • D. sole proprietorship

Explanation

Companies and Allied Matters Act (CAMA 1990 as amended) only mandates public limited companies to publish her financial report.

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