Post Utme Unn 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A government agency has a budget of ₦500,000 for a project. The agency has already spent ₦200,000 and has a balance of ₦300,000. If the agency receives an additional grant of ₦100,000, what is the new balance?

Answer Options

A. ₦400,000
B. ₦500,000
Correct Answer C. ₦600,000
D. ₦700,000
Correct Answer
C
Correct Option:
₦600,000

About This Question

This is Post Utme Unn 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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