The limitations of the receipts and payments account arise mainly because of the reliance on?...

FINANCIAL
JAMB 1998

The limitations of the receipts and payments account arise mainly because of the reliance on?

  • A. cash movement as evidence of transaction
  • B. the acconuting officer to report
  • C. the capital account of the organization
  • D. the transaction papers as evidence of transaction

Correct Answer: A. cash movement as evidence of transaction



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.