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Accounts - Principles of Accounts Past Questions and Answers

Topic: The Accountant General

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Jamb Accounts - Principles of Accounts Questions - The Accountant General

Question 6:

An increase in government expenditure within a year is taken care of by means of

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A Virement
B Financial regulations
C Supplementary estimate
D Warrant

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Question 7:

Which fund is used to meet unforeseen or urgent expenditure

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A General reserve fund
B Consolidated Reserve Fund
C Contingencies fund
D Special fund

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Question 8:

Which fund is used to meet unforeseen or urgent expenditure ____________

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A Special fund
B Contigencies fund
C General reserve fund
D Consolidated reserve fund

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Question 9:

Which of the following is used in the public sector to monitor or control government expenditure?

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A Sales day book
B Cash book
C Cheque
D Vote book

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