Post Utme Skyline University 2022 Accounting Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice
Question 8 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's profit and loss account shows a gross profit of ₦150,000 and a net profit of ₦80,000. What is the value of its operating expenses?

Answer Options

Correct Answer A. ₦70,000
B. ₦60,000
C. ₦50,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦70,000

About This Question

This is Post Utme Skyline University 2022 Accounting Question 8. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

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