Post Utme Al Hikmah University 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

A public sector organization has a budget of ₦1,500,000 for the year. The organization has the following expenses: salaries ₦600,000, rent ₦200,000, utilities ₦150,000, and miscellaneous ₦250,000. What is the percentage of the budget spent on salaries?

Answer Options

A. 30%
B. 40%
Correct Answer C. 50%
D. 60%
Correct Answer
C
Correct Option:
50%

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

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