Post Utme Futo 2018 Accounting Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Futo Accounting examination.

Post Utme Futo 2018 Accounting Objective / Multiple Choice
Question 24 POST_UTME_FUTO • 2018 • ACCOUNTING • objective

A government agency is responsible for collecting taxes. The agency's budget for the year is ₦500 million. The agency has collected ₦300 million in taxes so far. What is the percentage of the budget that has been collected?

Answer Options

A. 60%
Correct Answer B. 50%
C. 40%
D. 30%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Futo 2018 Accounting Question 24. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.

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