Post Utme Abu 2023 Commerce Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 3 POST_UTME_ABU • 2023 • COMMERCE • objective

A firm imports goods worth 10,000 from a foreign country. If the exchange rate is 1 USD = ₦420, calculate the value of the goods in Nigerian naira.

Answer Options

Correct Answer A. ₦4,200,000
B. ₦4,200,000.00
C. ₦4,200,000.00
D. ₦4,200,000
Correct Answer
A
Correct Option:
₦4,200,000

About This Question

This is Post Utme Abu 2023 Commerce Question 3. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

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