The transfer of money from one sub-head to another in the public sector is?

By: |Published on: Mar 19|Categories: Accounting WAEC| 0 comments

A. Budgeting
B. Allocation
C. Virement
D. Vote

Correct Answer: Option C

C. Virement

Explanation

virement is the transfer of money from one account to another or from one section of a budget to another.

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