Post Utme Igbinedion University 2022 Accounting Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2022 Accounting Objective / Multiple Choice
Question 2 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's profit for the year ended 31st December 2021 was ₦1,500,000. The company's tax rate is 25%. Calculate the company's tax liability for the year.

Answer Options

Correct Answer A. ₦375,000
B. ₦375,000
C. ₦375,000
D. ₦375,000
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Igbinedion University 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Igbinedion University Accounting examination.

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