Post Utme Christopher University 2024 Accounting Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 23 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the asset's original cost is ₦100,000, what is the asset's value after 2 years?

Answer Options

Correct Answer A. ₦80,000
B. ₦90,000
C. ₦100,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 23. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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