Post Utme Afe Babalola University 2021 Commerce Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2021 Commerce Objective / Multiple Choice
Question 2 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering the purchase of a new warehouse. The company's accountant has estimated the cost of the warehouse to be ₦1,500,000. However, the company's manager has estimated the cost to be ₦1,200,000. What is the most likely reason for the discrepancy in the estimates?

Answer Options

A. The accountant has overestimated the cost of the warehouse
Correct Answer B. The manager has underestimated the cost of the warehouse
C. The company's financial reports are inaccurate
D. The company's budget is insufficient
Correct Answer
B
Correct Option:
The manager has underestimated the cost of the warehouse

About This Question

This is Post Utme Afe Babalola University 2021 Commerce Question 2. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Commerce examination.

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