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WAEC Commerce 1995 Question 87

Question 87

Business Management

Which of the following is responsible for preparing the balance sheet of a public limited company?

  1. A.Public Relations Department
  2. B.Personnel Department
  3. C.Administration Department
  4. D.Research Department
  5. E.Finance Department
Show the answer and explanation

Answer: E (Finance Department)

Explanation

The finance (accounts) department prepares the final accounts and balance sheet.