Post Utme Madonna University 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_MADONNA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the perpetual inventory system to track its inventory. If the company purchases 100 units of goods at ₦50 each, what is the total cost of goods purchased?

Answer Options

Correct Answer A. ₦5,000
B. ₦4,000
C. ₦6,000
D. ₦7,000
Correct Answer
A
Correct Option:
₦5,000

About This Question

This is Post Utme Madonna University 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Madonna University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support