Post Utme Summit University 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Summit University Accounting examination.

Post Utme Summit University 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ACCOUNTING • objective

A government agency is required to prepare a budget for the upcoming fiscal year. The budget must include the following accounts: Revenue, Expenditure, and Surplus. What is the correct order of these accounts in the budget?

Answer Options

Correct Answer A. Revenue, Expenditure, Surplus
B. Expenditure, Revenue, Surplus
C. Surplus, Revenue, Expenditure
D. Expenditure, Surplus, Revenue
Correct Answer
A
Correct Option:
Revenue, Expenditure, Surplus

About This Question

This is Post Utme Summit University 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Summit University Accounting examination.

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