Post Utme Greenfield University 2025 Commerce Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 20 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • COMMERCE • objective

A company has the following information regarding its insurance premiums: | Policy | Premium | Deductible | | --- | --- | --- | | Liability | ₦50,000 | ₦10,000 | | Property | ₦30,000 | ₦5,000 | | Workers' compensation | ₦20,000 | ₦2,000 | What is the total insurance premium for the company?

Answer Options

A. ₦100,000
B. ₦110,000
Correct Answer C. ₦120,000
D. ₦130,000
Correct Answer
C
Correct Option:
₦120,000

About This Question

This is Post Utme Greenfield University 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

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