Post Utme Unilag 2017 Accounting Question 16
Practice objective / multiple choice question 16 from the 2017 Post Utme Unilag Accounting examination.
A public sector organization has a budget of ₦1.5 billion for the year. The budget is allocated as follows: ₦500 million for personnel costs, ₦300 million for capital expenditures, and ₦200 million for operating expenses. If the organization has a cash surplus of ₦100 million at the end of the year, what is the total amount of cash available for investment?
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About This Question
This is Post Utme Unilag 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.
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