Post Utme Uniben 2024 Accounting Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 21 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A company's profit and loss account shows the following: | Particulars | ₦ | | --- | --- | --- | | Sales | 100,000 | | Cost of Goods Sold | 60,000 | | Gross Profit | 40,000 | | Operating Expenses | 20,000 | | Net Profit | 20,000 | Calculate the company's operating profit.

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Uniben 2024 Accounting Question 21. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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