Post Utme Ims U 2017 Accounting Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice
Question 30 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective

A company's departmental accounts for the year ended 31st December 20X7 are as follows: Department A Sales ₦ 100,000 Cost of Goods Sold ₦ 50,000 Profit ₦ 50,000 Department B Sales ₦ 150,000 Cost of Goods Sold ₦ 75,000 Profit ₦ 75,000 What is the total profit of the company?

Answer Options

A. ₦ 125,000
B. ₦ 150,000
Correct Answer C. ₦ 175,000
D. ₦ 200,000
Correct Answer
C
Correct Option:
₦ 175,000

About This Question

This is Post Utme Ims U 2017 Accounting Question 30. It is one of the objective questions from the 2017 Post Utme Ims U Accounting examination.

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