Post Utme Skyline University 2024 Accounting Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2024 Accounting Objective / Multiple Choice
Question 30 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ACCOUNTING • objective

A government agency has a budget of ₦500,000 for the year. The agency has already spent ₦300,000. Prepare a budget variance analysis to determine the under/over expenditure.

Answer Options

Correct Answer A. Under expenditure of ₦100,000
B. Over expenditure of ₦100,000
C. Under expenditure of ₦200,000
D. Over expenditure of ₦200,000
Correct Answer
A
Correct Option:
Under expenditure of ₦100,000

About This Question

This is Post Utme Skyline University 2024 Accounting Question 30. It is one of the objective questions from the 2024 Post Utme Skyline University Accounting examination.

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