Post Utme Osustech 2019 Accounting Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Osustech Accounting examination.

Post Utme Osustech 2019 Accounting Objective / Multiple Choice
Question 1 POST_UTME_OSUSTECH • 2019 • ACCOUNTING • objective

A public sector organization has the following transactions: Purchase of office equipment for ₦120,000, payment of salaries ₦500,000, and collection of rent ₦200,000. What is the total amount of cash outflows?

Answer Options

Correct Answer A. ₦820,000
B. ₦920,000
C. ₦720,000
D. ₦820,000
Correct Answer
A
Correct Option:
₦820,000

About This Question

This is Post Utme Osustech 2019 Accounting Question 1. It is one of the objective questions from the 2019 Post Utme Osustech Accounting examination.

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