Post Utme Pan Atlantic University 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ACCOUNTING • objective

A government agency prepares a budget for the upcoming fiscal year. The budget includes a provision for depreciation of ₦500,000. If the agency's total assets are ₦10,000,000, what is the percentage of the budget allocated for depreciation?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Pan Atlantic University 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Accounting examination.

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