Post Utme Unn 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The asset's cost is ₦200,000, and its useful life is 5 years. What is the annual depreciation expense?

Answer Options

A. ₦40,000
B. ₦50,000
Correct Answer C. ₦60,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦60,000

About This Question

This is Post Utme Unn 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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