Post Utme Unilag 2021 Accounting Question 8
Practice objective / multiple choice question 8 from the 2021 Post Utme Unilag Accounting examination.
A government agency is required to prepare a budget for the upcoming fiscal year. The budget must be balanced, meaning that total revenues must equal total expenditures. If the agency has a total revenue of ₦500,000,000 and a total expenditure of ₦600,000,000, what is the amount of the deficit?
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About This Question
This is Post Utme Unilag 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.
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