Post Utme Noun 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Noun Commerce examination.

Post Utme Noun 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_NOUN • 2023 • COMMERCE • objective

A company's foreign trade involves exporting goods worth ₦500,000 to a foreign country. If the exchange rate is 1 USD = ₦200, what is the value of the exported goods in USD?

Answer Options

A. ₦1,000
Correct Answer B. ₦2,000
C. ₦500
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦2,000

About This Question

This is Post Utme Noun 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Noun Commerce examination.

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