Post Utme Bowen University 2022 Accounting Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2022 Accounting Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2022 • ACCOUNTING • objective

A public sector organization has the following transactions: Purchase of goods for ₦1,000,000, payment of salaries ₦500,000, and payment of taxes ₦200,000. What is the total amount of cash outflows?

Answer Options

Correct Answer A. ₦1,700,000
B. ₦1,500,000
C. ₦1,200,000
D. ₦1,300,000
Correct Answer
A
Correct Option:
₦1,700,000

About This Question

This is Post Utme Bowen University 2022 Accounting Question 11. It is one of the objective questions from the 2022 Post Utme Bowen University Accounting examination.

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