Post Utme Futo 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Futo Accounting examination.

Post Utme Futo 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_FUTO • 2017 • ACCOUNTING • objective

A government agency prepares a budget for the year. The budget includes the following items: Salaries ₦1,200,000; Office expenses ₦400,000; and Capital expenditure ₦800,000. If the total budget is ₦2,500,000, what is the percentage of the budget allocated to salaries?

Answer Options

Correct Answer A. 48%
B. 50%
C. 52%
D. 54%
Correct Answer
A
Correct Option:
48%

About This Question

This is Post Utme Futo 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Futo Accounting examination.

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