Post Utme Aaua 2021 Accounting Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Aaua Accounting examination.

Post Utme Aaua 2021 Accounting Objective / Multiple Choice
Question 31 POST_UTME_AAUA • 2021 • ACCOUNTING • objective

A government agency is required to prepare a statement of cash flows using the indirect method. If the agency's net income is ₦100,000 and its cash flows from operating activities are ₦120,000, what is the amount of cash flows from operating activities that is not included in the net income?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Aaua 2021 Accounting Question 31. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.

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