Post Utme Unilag 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A government agency is responsible for collecting taxes on behalf of the government. The agency collects ₦1,500,000 in taxes and pays ₦1,200,000 to the government. What is the agency's net cash inflow?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦100,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Unilag 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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