Post Utme Ksu 2019 Accounting Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 1 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. If the asset's cost is ₦250,000 and its useful life is 5 years, what is the annual depreciation?

Answer Options

Correct Answer A. ₦50,000
B. ₦40,000
C. ₦30,000
D. ₦20,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 1. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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