Home » Past Questions » Accounts » Using the following information to answer the given question:\(\begin{array}{c|c} Post & Grade & \text{Number in post} & Rate \\ \hline \text{Chief Accountant} & 15 & 1 & ₦371,748\\ \text{Asst, Cheif Accountant} & 14 & 2 & ₦301,452\\ \text{Principal Accountant} & 12 & 4 & ₦243,732\\ \text{Accountant} & 7 & 6 & ₦113,632\\ \text{Clerk} & 3 & 10 & ₦54,166\end{array}\)Additional information:(a) All employees are on the first step of their (b) Al...

Using the following information to answer the given question:\(\begin{array}{c|c} Post & Grade & \text{Number in post} & Rate \\ \hline \text{Chief Accountant} & 15 & 1 & ₦371,748\\ \text{Asst, Cheif Accountant} & 14 & 2 & ₦301,452\\ \text{Principal Accountant} & 12 & 4 & ₦243,732\\ \text{Accountant} & 7 & 6 & ₦113,632\\ \text{Clerk} & 3 & 10 & ₦54,166\end{array}\)Additional information:(a) All employees are on the first step of their (b) Al...


Question

Using the following information to answer the given question:

\(\begin{array}{c|c} Post & Grade & \text{Number in post} & Rate \\ \hline \text{Chief Accountant} & 15 & 1 & ₦371,748\\ \text{Asst, Cheif Accountant} & 14 & 2 & ₦301,452\\ \text{Principal Accountant} & 12 & 4 & ₦243,732\\ \text{Accountant} & 7 & 6 & ₦113,632\\ \text{Clerk} & 3 & 10 & ₦54,166\end{array}\)

Additional information:

(a) All employees are on the first step of their
(b) Allowances

\(\begin{array}{c|c} \text{Grade Level} & \text{Transport Allowance} & \text{Housing Allowance} & \text{Responsibility Allowance} \\ \hline \text{12 and above} & \text{₦24,000 per annum} & \text {₦120,000 per annum} & \text{₦30,000 per annum} \\ \text{1 to 7} & \text{₦13,200 per annum} & \text{₦48,000 per annum} & - \end{array}\)

The responsibility allowance of grade leaves 14 and 15 was

Options

A) ₦21,000

B) ₦90,000

C) ₦60,000

D) ₦30,000

The correct answer is B.


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