Post Utme Rhema University 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 10 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A sole trader is considering the incorporation of his business. The sole trader has estimated that the incorporation costs will be ₦5 million and the benefits of incorporation will be ₦10 million. What is the net benefit of incorporation?

Answer Options

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

About This Question

This is Post Utme Rhema University 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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