Post Utme Eksu 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A company's balance sheet shows an asset of \pm 20,000 with a book value of \pm 15,000. If the company uses the net realizable value method of asset valuation, what is the asset's net realizable value?

Answer Options

A. \pm 15,000
B. \pm 18,000
Correct Answer C. \pm 20,000
D. \pm 22,000
Correct Answer
C
Correct Option:
\pm 20,000

About This Question

This is Post Utme Eksu 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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