Post Utme Pan Atlantic University 2017 Accounting Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice
Question 6 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a budget of ₦1,500,000 for the year, which includes a 10% contingency fund. The Sales department has a budget of ₦2,000,000, which includes a 5% contingency fund. What is the total budget for both departments, including contingency funds?

Answer Options

A. ₦3,500,000
B. ₦3,600,000
C. ₦3,800,000
Correct Answer D. ₦4,000,000
Correct Answer
D
Correct Option:
₦4,000,000

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support