Post Utme Noun 2025 Accounting Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Noun Accounting examination.

Post Utme Noun 2025 Accounting Objective / Multiple Choice
Question 35 POST_UTME_NOUN • 2025 • ACCOUNTING • objective

A government agency uses the accrual basis of accounting. It has the following transactions for the year ended December 31, 2025: - Received ₦1,500,000 from the government for services rendered. - Paid ₦800,000 to suppliers for goods purchased. - Paid ₦200,000 to employees for salaries. - Received ₦300,000 from customers for goods sold. - Paid ₦100,000 for rent. What is the net cash inflow from operating activities for the year?

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 Noun 2025 Accounting Question 35. It is one of the objective questions from the 2025 Post Utme Noun Accounting examination.

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