Post Utme Rhema University 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_RHEMA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's depreciation policy is to charge 10% on the original cost of assets. If the original cost of an asset is ₦100,000, what is the depreciation charge for the year?

Answer Options

Correct Answer A. ₦10,000
B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Rhema University 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.

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