The amount of money granted by government to public institutions to meet recurrent expenditures during a fiscal year is? By: Sunday|Published on: Jun 4|Categories: Accounting WAEC| 0 comments A. subvention B. budgett C. deposit D. estimates Correct Answer: Option A A. subvention Users Also Read These:Which of the following institutions does not operate…The situation where by a government spends more than…The policy of government to increase the supply of…The maximum amount of money a company is allowed to…The total amount of money set aside for a particular…SEE ALSO The cost of a machine is ₦10,000. The residual value is ₦4,000. It is expected to last for 4 years. Using the straight-line method, what is the amount of depreciation charged per annum?