Post Utme Bsu 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Bsu Accounting examination.

Post Utme Bsu 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_BSU • 2021 • ACCOUNTING • objective

A government agency is responsible for maintaining the country's public roads. The agency has a budget of ₦500 million for the year, which is allocated as follows: ₦200 million for road maintenance, ₦150 million for road construction, and ₦150 million for administrative expenses. If the agency has already spent ₦100 million on road maintenance and ₦75 million on road construction, what is the remaining balance in the agency's budget?

Answer Options

Correct Answer A. ₦275 million
B. ₦300 million
C. ₦325 million
D. ₦350 million
Correct Answer
A
Correct Option:
₦275 million

About This Question

This is Post Utme Bsu 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Bsu Accounting examination.

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