Waec Model Questions Vol1 2023 Government Question 23
Practice objective / multiple choice question 23 from the 2023 Waec Model Questions Vol1 Government examination.
A local government council allocated ₦12 million to Project X, ₦8 million to Project Y and ₦5 million to Project Z. At the end of the year the actual expenditures were ₦10.5 million, ₦7.2 million and ₦4.8 million respectively. An independent audit gave performance scores (out of 100) of 78 for X, 85 for Y and 92 for Z. The council wishes to allocate an additional ₦3 million for the next year, distributing it proportionally to the projects' performance efficiency defined as (performance score ÷ actual expenditure in millions). How much should each project receive from the additional fund? Express your answers in millions of naira to three decimal places.
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About This Question
This is Waec Model Questions Vol1 2023 Government Question 23. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Government examination.
Difficulty level: Hard .
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