Post Utme Elizade University 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's manufacturing department uses a machine that depreciates by 10% per annum. If the initial cost of the machine is ₦120,000, what is its value after 3 years?

Answer Options

Correct Answer A. ₦99,000
B. ₦108,000
C. ₦117,000
D. ₦126,000
Correct Answer
A
Correct Option:
₦99,000

About This Question

This is Post Utme Elizade University 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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