Post Utme Futo 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A government agency has a budget of ₦5,000,000 for the year. The agency's actual expenditures for the year are ₦4,800,000. What is the agency's budget variance?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Futo 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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