Post Utme Osustech 2025 Accounting Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 11 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A company is considering the purchase of a new machine that will cost ₦1,500,000. The machine is expected to last for 5 years and will be depreciated using the straight-line method. If the company expects to sell the machine for ₦800,000 at the end of its useful life, what is the annual depreciation charge?

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 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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