Post Utme Christopher University 2022 Accounting Question 11

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

Post Utme Christopher University 2022 Accounting Objective / Multiple Choice
Question 11 POST_UTME_CHRISTOPHER_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 ₦800,000, rent ₦200,000, utilities ₦50,000, and miscellaneous ₦150,000. What is the organization's surplus or deficit for the year?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

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

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