Post Utme Abu 2025 Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 18 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The company's asset has a cost of ₦500,000 and an estimated useful life of 5 years. What is the annual depreciation expense?

Answer Options

A. ₦100,000
B. ₦50,000
Correct Answer C. ₦100,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Abu 2025 Accounting Question 18. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

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