Post Utme Elizade University 2020 Accounting Question 24

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

Post Utme Elizade University 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a departmental account for the 'Selling Department'. The department's expenses for the year are ₦150,000, and the department's revenue for the year is ₦200,000. What is the department's net profit?

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

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