Post Utme Unilag 2018 Accounting Question 34

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

Post Utme Unilag 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNILAG • 2018 • ACCOUNTING • objective

A company's profit for the year ended 31st December 2018 is ₦500,000. If the company's tax rate is 30%, what is the amount of tax payable?

Answer Options

Correct Answer A. ₦150,000
B. ₦120,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

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

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