Post Utme Unn 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_UNN • 2018 • COMMERCE • objective

A company's insurance policy has a deductible of ₦50,000. If the company's annual premium is ₦500,000, what is the amount of the premium that is not deductible?

Answer Options

A. ₦450,000
B. ₦475,000
Correct Answer C. ₦500,000
D. ₦525,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Unn 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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