Post Utme Veritas University 2019 Accounting Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2019 Accounting Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2022 shows the following: Cost of Goods Sold ₦1,500,000, Opening Work-in-Progress ₦200,000, and Closing Work-in-Progress ₦300,000. What is the value of Finished Goods?

Answer Options

Correct Answer A. ₦1,700,000
B. ₦1,600,000
C. ₦1,500,000
D. ₦1,400,000
Correct Answer
A
Correct Option:
₦1,700,000

About This Question

This is Post Utme Veritas University 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Veritas University Accounting examination.

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