Post Utme Lasu 2025 Accounting Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Lasu Accounting examination.

Post Utme Lasu 2025 Accounting Objective / Multiple Choice
Question 5 POST_UTME_LASU • 2025 • ACCOUNTING • objective

A public sector organization has a budget of ₦500 million for the year. The organization has the following expenses: ₦120 million for salaries, ₦80 million for rent, and ₦30 million for utilities. What is the percentage of the budget spent on salaries?

Answer Options

Correct Answer A. 20%
B. 30%
C. 40%
D. 50%
Correct Answer
A
Correct Option:
20%

About This Question

This is Post Utme Lasu 2025 Accounting Question 5. It is one of the objective questions from the 2025 Post Utme Lasu Accounting examination.

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