Post Utme Osustech 2023 Accounting Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 28 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's income statement for the year ended December 31, 2022, shows the following: Revenue ₦2,500,000, Cost of Goods Sold ₦1,800,000, Operating Expenses ₦500,000. Calculate the company's net income for the year.

Answer Options

A. ₦200,000
Correct Answer B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
B
Correct Option:
₦250,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 28. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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