Post Utme Crawford University 2018 Accounting Question 6

Practice objective / multiple choice question 6 from the 2018 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2018 Accounting Objective / Multiple Choice
Question 6 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • 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. 40%
B. 30%
Correct Answer C. 50%
D. 60%
Correct Answer
C
Correct Option:
50%

About This Question

This is Post Utme Crawford University 2018 Accounting Question 6. It is one of the objective questions from the 2018 Post Utme Crawford University Accounting examination.

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