Post Utme Aaua 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Aaua Accounting examination.

Post Utme Aaua 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_AAUA • 2018 • ACCOUNTING • objective

A public sector organization has the following transactions for the year ended December 31, 2022: Cash received from customers: ₦1,500,000 Cash paid to suppliers: ₦800,000 Cash paid to employees: ₦300,000 Cash received from government grant: ₦200,000 Cash paid for rent: ₦100,000 Cash paid for utilities: ₦50,000 What is the net cash inflow from operating activities?

Answer Options

Correct Answer A. ₦250,000
B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Aaua 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.

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