Post Utme Veritas University 2021 Accounting Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2021 Accounting Objective / Multiple Choice

Question 25 POST_UTME_VERITAS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's manufacturing account showed a loss of ₠ 5,000. However, the company's trading account showed a profit of ₠ 3,000. What is the reason for the difference?

Answer Options

Correct Answer A. Error in cost of goods sold

B. Error in selling price

C. Error in overheads

D. Error in depreciation

Correct Answer

Correct Option:

Error in cost of goods sold

About This Question

This is Post Utme Veritas University 2021 Accounting Question 25. It is one of the objective questions from the 2021 Post Utme Veritas University Accounting examination.

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