Post Utme Mountain Top University 2020 Accounting Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2020 Accounting Objective / Multiple Choice
Question 10 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ACCOUNTING • objective

A government agency has a budget of 1 million for a project. The project requires an initial investment of 200,000 and a monthly expenditure of 50,000. If the project is expected to last for 12 months, how much of the budget will be left after the project is completed?

Answer Options

Correct Answer A. 500,000
B. 600,000
C. 700,000
D. 800,000
Correct Answer
A
Correct Option:
500,000

About This Question

This is Post Utme Mountain Top University 2020 Accounting Question 10. It is one of the objective questions from the 2020 Post Utme Mountain Top University Accounting examination.

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