Post Utme Lasu 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Lasu Accounting examination.

Post Utme Lasu 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2018 • ACCOUNTING • objective

A public sector organization has a budget of ₦1,000,000 for a project. If the actual expenditure is ₦800,000, what is the variance?

Answer Options

Correct Answer A. ₦200,000
B. ₦100,000
C. ₦50,000
D. ₦0
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Lasu 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Lasu Accounting examination.

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