Post Utme Joseph Ayo Babalola University 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2021 Accounting Objective / Multiple Choice
Question 35 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A government agency receives a grant of ₦500,000 to implement a project. The grant is to be used for the purchase of equipment and the payment of salaries. Calculate the amount that can be spent on salaries.

Answer Options

A. ₦250,000
B. ₦300,000
Correct Answer C. ₦350,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

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