Post Utme Redeemers University 2025 Accounting Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2025 Accounting Objective / Multiple Choice
Question 16 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A public sector organization has a capital project with a total cost of ₦500 million. The project is expected to last for 5 years. If the organization uses the straight-line method of depreciation, what is the annual depreciation charge?

Answer Options

Correct Answer A. ₦100 million
B. ₦80 million
C. ₦60 million
D. ₦40 million
Correct Answer
A
Correct Option:
₦100 million

About This Question

This is Post Utme Redeemers University 2025 Accounting Question 16. It is one of the objective questions from the 2025 Post Utme Redeemers University Accounting examination.

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