Post Utme Skyline University 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ACCOUNTING • objective

A government agency uses the accrual basis of accounting. If the agency receives ₦100,000 in cash from customers and pays ₦80,000 in cash to suppliers, what is the net cash flow from operating activities?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Skyline University 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Skyline 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