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The basis of accounting for public sector is

The basis of accounting for public sector is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Accrual basis
  • B Cost basis
  • C Revenue basis
  • D Cash basis
Correct Answer: Option D
Explanation:
This is the basis for recording in government accounting where revenue are recorded when cash is received.

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