Post Utme Abu 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A government agency has the following budgetary data for the year ended December 31, 2021: Revenue: ₦500,000; Expenditure: ₦600,000. Calculate the budget deficit for the year.

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Abu 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

View More Post Utme Abu 2021 Accounting Questions More Post Utme Abu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support