Post Utme Aaua 2023 Accounting Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 28 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the asset has a useful life of 5 years and a residual value of ₦0, the annual depreciation charge would be:

Answer Options

A. ₦0,000
Correct Answer B. ₦0,800
C. ₦0,900
D. ₦1,000
Correct Answer
B
Correct Option:
₦0,800

About This Question

This is Post Utme Aaua 2023 Accounting Question 28. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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