Post Utme Lasu 2025 Commerce Question 28
Practice objective / multiple choice question 28 from the 2025 Post Utme Lasu Commerce examination.
A sole trader's business is registered for Value Added Tax (VAT). The trader's turnover for the year is ₦5,000,000, and the VAT charged is ₦800,000. What is the trader's VAT liability?
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About This Question
This is Post Utme Lasu 2025 Commerce Question 28. It is one of the objective questions from the 2025 Post Utme Lasu Commerce examination.
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