Post Utme Futa 2023 Accounting Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 14 POST_UTME_FUTA • 2023 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦8,100
B. ₦9,000
C. ₦9,900
D. ₦10,000
Correct Answer
A
Correct Option:
₦8,100

About This Question

This is Post Utme Futa 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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