Post Utme Ui 2023 Accounting Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Ui Accounting examination.

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UI • 2023 • ACCOUNTING • objective

A government agency's financial statement shows a revenue of ₦500,000 and an expenditure of ₦600,000. What is the net result?

Answer Options

A. ₦100,000 surplus
Correct Answer B. ₦100,000 deficit
C. ₦500,000 surplus
D. ₦600,000 surplus
Correct Answer
B
Correct Option:
₦100,000 deficit

About This Question

This is Post Utme Ui 2023 Accounting Question 33. It is one of the objective questions from the 2023 Post Utme Ui Accounting examination.

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