Post Utme Uniosun 2022 Accounting Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNIOSUN • 2022 • ACCOUNTING • objective

A company's profit is calculated as follows: Revenue - Cost of Goods Sold - Operating Expenses. If the company's revenue is ₦1,000,000, cost of goods sold is ₦600,000, and operating expenses are ₦150,000, what is the company's profit?

Answer Options

Correct Answer A. ₦250,000
B. ₦200,000
C. ₦150,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Uniosun 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Uniosun Accounting examination.

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