Post Utme Oau 2024 Commerce Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Oau Commerce examination.

Post Utme Oau 2024 Commerce Objective / Multiple Choice
Question 2 POST_UTME_OAU • 2024 • COMMERCE • objective

A company X is registered under the Companies and Allied Matters Act (CAMA) 2020. The company has a share capital of ₦5,000,000, divided into 500,000 ordinary shares of ₦10 each. What is the company's share capital in naira?

Answer Options

Correct Answer A. ₦5,000,000
B. ₦10,000,000
C. ₦15,000,000
D. ₦20,000,000
Correct Answer
A
Correct Option:
₦5,000,000

About This Question

This is Post Utme Oau 2024 Commerce Question 2. It is one of the objective questions from the 2024 Post Utme Oau Commerce examination.

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