Post Utme Osustech 2022 Accounting Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Osustech Accounting examination.

Post Utme Osustech 2022 Accounting Objective / Multiple Choice
Question 33 POST_UTME_OSUSTECH • 2022 • ACCOUNTING • objective

A government agency is required to prepare a cash flow statement. The agency's cash outflows for the year are as follows: | Date | Particulars | Amount | | --- | --- | --- | | 01/01 | Cash paid to suppliers | 50,000 | | 02/01 | Cash paid to employees | 30,000 | | 03/01 | Cash paid to government | 20,000 | What is the total amount of cash outflows for the year?

Answer Options

A. 100,000
B. 110,000
Correct Answer C. 120,000
D. 130,000
Correct Answer
C
Correct Option:
120,000

About This Question

This is Post Utme Osustech 2022 Accounting Question 33. It is one of the objective questions from the 2022 Post Utme Osustech Accounting examination.

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