Post Utme Uniben 2017 Accounting Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 36 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company's depreciation expense for the year is ₦120,000. If the company's total assets are ₦2,500,000, what is the company's depreciation rate?

Answer Options

A. 4%
Correct Answer B. 5%
C. 6%
D. 7%
Correct Answer
B
Correct Option:
5%

About This Question

This is Post Utme Uniben 2017 Accounting Question 36. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support