Post Utme Igbinedion University 2018 Accounting Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2018 Accounting Objective / Multiple Choice
Question 13 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency received a grant of ₦1,500,000 to implement a project. The project was completed within the stipulated time and the agency incurred a total expenditure of ₦1,800,000. Calculate the amount of cash received from the government agency.

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Igbinedion University 2018 Accounting Question 13. It is one of the objective questions from the 2018 Post Utme Igbinedion University Accounting examination.

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