Post Utme Uniben 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A government agency is required to prepare a budget for the upcoming fiscal year. The budget must include the following components: Revenues: ₦10 billion Expenditures: ₦12 billion Surplus/Deficit: ₦2 billion

Answer Options

A. Surplus ₦2 billion
Correct Answer B. Deficit ₦2 billion
C. Surplus ₦12 billion
D. Deficit ₦10 billion
Correct Answer
B
Correct Option:
Deficit ₦2 billion

About This Question

This is Post Utme Uniben 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

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