Post Utme Lautech 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Lautech Accounting examination.

Post Utme Lautech 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_LAUTECH • 2020 • ACCOUNTING • objective

A company's depreciation policy is to depreciate assets by 10% per annum. If an asset is valued at \\,10000, what is its value after 2 years?

Answer Options

Correct Answer A. \\,9000
B. \\,9500
C. \\,10000
D. \\,10500
Correct Answer
A
Correct Option:
\\,9000

About This Question

This is Post Utme Lautech 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Lautech Accounting examination.

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