Post Utme Caleb University 2025 Accounting Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2025 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's income statement showed the following: Sales ₦1,000,000, Cost of Goods Sold ₦500,000, Gross Profit ₦500,000, Operating Expenses ₦200,000, and Net Income ₦300,000. Calculate the total amount of operating expenses.

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Caleb University 2025 Accounting Question 15. It is one of the objective questions from the 2025 Post Utme Caleb University Accounting examination.

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