Waec Model Questions Vol1 2025 Financial Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 39 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A company discovered an error in its financial statements where an expense of ₦5,000 was omitted. If the total expenses reported were ₦50,000, what should be the corrected total expenses after including the omitted expense?

Answer Options

A. 50000
Correct Answer B. 55000
C. 60000
D. 54000
Correct Answer
B
Correct Option:
55000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 39. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

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