Gce Model Questions Vol1 2022 Civic Education Question 11

Practice objective / multiple choice question 11 from the 2022 Gce Model Questions Vol1 Civic Education examination.

Gce Model Questions Vol1 2022 Civic Education Objective / Multiple Choice Medium Difficulty
Question 11 GCE_MODEL_QUESTIONS_VOL1 • 2022 • CIVIC_EDUCATION • objective

A local council passes an ordinance that requires all residents to obtain a permit before posting any notice on their own property. The ordinance does not specify a time limit for processing permits and the fee is set at ₦5,000. In a town of \(1,200\) residents, \(30\%\) are expected to file a permit application, and each application costs the council \(\text{₦}2,000\) in administrative expenses. The council's annual budget for legal services is \(\text{₦}1,000,000\). Determine whether the budget can cover the expected administrative costs, and state the total expected cost and the remaining budget.

Answer Options

A. The expected cost is ₦750,000, leaving ₦250,000; therefore the budget is sufficient.
B. The expected cost is ₦720,000, leaving ₦280,000; therefore the budget is insufficient.
C. The expected cost is ₦690,000, leaving ₦310,000; therefore the budget is sufficient.
Correct Answer D. The expected cost is ₦720,000, leaving ₦280,000; therefore the budget is sufficient.
Correct Answer
D
Correct Option:
The expected cost is ₦720,000, leaving ₦280,000; therefore the budget is sufficient.

About This Question

This is Gce Model Questions Vol1 2022 Civic Education Question 11. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Civic Education examination.

Difficulty level: Medium .

View More Gce Model Questions Vol1 2022 Civic Education Questions More Gce Model Questions Vol1 Practice Questions Back to Questions

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