Post Utme Futo 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum using the straight-line method. If the asset cost ₦0,000 and has a useful life of 5 years, calculate the annual depreciation.

Answer Options

A. ₦0,000
B. ₦0,100
Correct Answer C. ₦0,200
D. ₦0,300
Correct Answer
C
Correct Option:
₦0,200

About This Question

This is Post Utme Futo 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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