Post Utme Achievers University 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • COMMERCE • objective

A company's insurance policy covers losses due to natural disasters. The policy has a deductible of ₦100,000. If the company suffers a loss of ₦500,000 due to a natural disaster, what is the amount that the insurance company will pay?

Answer Options

Correct Answer A. ₦400,000
B. ₦500,000
C. ₦600,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Achievers University 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.

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