JAMB Accounting 2022 Objective — Question 18
Question 18 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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18. Gusau Local Government spent: Hospital building #300,000, Drugs #15,000, Hospital beds & mattresses #8,000, Doctors' & nurses' salaries #70,000, Administrative expenses #5,000. Revenue expenditures from the above total
- A. (A) 70,000
- B. (B) 98,000
- C. (C) 398,000
- D. (D) 90,000Correct
Explanation
Revenue expenditures are expenditures that recur every budget year, i.e. Drugs + Salaries + Admin expenses = 15,000+70,000+5,000 = 90,000.
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