Post Utme Esut 2018 Commerce Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 13 POST_UTME_ESUT • 2018 • COMMERCE • objective

A company exports goods worth ₦1,000,000 to a foreign country. If the exchange rate is 1 USD = ₦500, what is the value of the goods in USD?

Answer Options

A. ₦500,000
Correct Answer B. ₦1,000,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,000,000

About This Question

This is Post Utme Esut 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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