Post Utme Achievers University 2025 Accounting Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2025 Accounting Objective / Multiple Choice
Question 33 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The asset has a cost of ₦500,000 and a useful life of 5 years. Calculate the annual depreciation.

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Achievers University 2025 Accounting Question 33. It is one of the objective questions from the 2025 Post Utme Achievers University Accounting examination.

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