Post Utme Mountain Top University 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ACCOUNTING • objective

A public sector organization's financial statement shows the following: | Revenue | ₦1,000,000 | | Expenditure | ₦800,000 | | Surplus | ₦200,000 | What is the organization's surplus as a percentage of its revenue?

Answer Options

A. 10%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Mountain Top University 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Mountain Top University Accounting examination.

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