Jamb Accounts - Principles of Accounts Questions - The Treasurer of local government
Question 6:
Which of the following signs general warrant for the release of money from the consolidated revenue fund?
- A Minister of Finance
- B Chairman, Economic Advisory Committee
- C Permanent secretary
- D Minister of Economic Planning
Question 7:
The Petroleum Technology Development Fund is under the
- A General fund
- B Contingency fund
- C Trust fund
- D Capital fund
Question 8:
Capital and revenue expenditures of government are usually accounted for under funds which include
- A Technical, special trust and commercial funds
- B Personal advances, technical and public funds
- C Personal advances, treasury clearance and special trust funds
- D Commercial loans and treasury clearance funds