Post Utme Unilag 2020 Accounting Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 26 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company has the following departmental accounts: Sales 10,000, Cost of Goods Sold 5,000. What is the gross profit?

Answer Options

A. 5,000
Correct Answer B. 10,000
C. 15,000
D. 20,000
Correct Answer
B
Correct Option:
10,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 26. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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