Post Utme Futo 2022 Accounting Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 9 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A government agency has a budget of ₦500,000 for the year. If the actual expenditure is ₦420,000, what is the variance?

Answer Options

Correct Answer A. ₦80,000
B. ₦70,000
C. ₦60,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Futo 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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