Post Utme Uniosun 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNIOSUN • 2021 • ACCOUNTING • objective

A government agency receives a grant of ₦1,000,000 to implement a project. The grant is to be used for the following purposes: 60% for personnel costs, 20% for equipment costs, and 20% for miscellaneous costs. What is the amount allocated for personnel costs?

Answer Options

Correct Answer A. ₦600,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Uniosun 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Uniosun Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support