Post Utme Babcock University 2022 Accounting Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2022 Accounting Objective / Multiple Choice
Question 21 POST_UTME_BABCOCK_UNIVERSITY • 2022 • 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 ₦100,000. What is the percentage of the budget spent on salaries?

Answer Options

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

About This Question

This is Post Utme Babcock University 2022 Accounting Question 21. It is one of the objective questions from the 2022 Post Utme Babcock University Accounting examination.

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