NABTEB Accounting 2023 Objective — Question 9
Question 9 of 50 from the National Business and Technical Examinations Board (NABTEB) Accounting 2023 Objective paper, with the correct answer and a full explanation.
Advertisement
Using the Osei Enterprises information above, the net profit is (a) D21,760 (b) D21,620 (c) D21,020 (d) D18,260
- A. D21,760
- B. D21,620
- C. D21,020Correct
- D. D18,260
Explanation
Net profit = Gross profit - Salaries = D48,620 - D27,600 = D21,020.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.