Post Utme Noun 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the asset cost 10,000 and has a useful life of 5 years, what is the annual depreciation?

Answer Options

A. 1,000
B. 2,000
Correct Answer C. 2,500
D. 3,000
Correct Answer
C
Correct Option:
2,500

About This Question

This is Post Utme Noun 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

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