Post Utme Madonna University 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_MADONNA_UNIVERSITY • 2023 • ACCOUNTING • objective

A government agency is required to prepare a budget that is in line with the principles of accrual accounting. Which of the following is an example of an accrual?

Answer Options

A. Cash received from customers
Correct Answer B. Goods purchased on credit
C. Salaries paid to employees
D. Rent received from tenants
Correct Answer
B
Correct Option:
Goods purchased on credit

About This Question

This is Post Utme Madonna University 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Madonna University Accounting examination.

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