Post Utme Uniosun 2025 Accounting Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2025 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2025 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The company's asset has a cost of ₦200,000 and a useful life of 5 years. What is the annual depreciation charge?

Answer Options

A. ₦40,000
B. ₦50,000
Correct Answer C. ₦60,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦60,000

About This Question

This is Post Utme Uniosun 2025 Accounting Question 15. It is one of the objective questions from the 2025 Post Utme Uniosun Accounting examination.

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