Post Utme Veritas University 2017 Accounting Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2017 Accounting Objective / Multiple Choice
Question 28 POST_UTME_VERITAS_UNIVERSITY • 2017 • ACCOUNTING • objective

A government agency has the following transactions in its public sector accounting system: Receipts: ₦100,000 Expenditures: ₦80,000 Transfers: ₦20,000 What is the net result of the transactions?

Answer Options

Correct Answer A. ₦20,000
B. ₦40,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Veritas University 2017 Accounting Question 28. It is one of the objective questions from the 2017 Post Utme Veritas University Accounting examination.

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