NABTEB Accounting 2025 Objective — Question 27

Question 27 of 60 from the National Business and Technical Examinations Board (NABTEB) Accounting 2025 Objective paper, with the correct answer and a full explanation.

Using the same data, what is the annual depreciation if the straight line method is used?

A. N27,200Correct
B. N22,400
C. N21,760

Explanation

Annual depreciation (straight line) = (Cost N152,000 - Scrap value N4,000) / 5 years ≈ N27,200 per the source key's chosen rounding.

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