Accountant-general of the federation is responsible for?

A. the general supervision of all auditing personnel in all the ministries
B. the compilation of annual financial statement
C. the interpretation of rules and regulations affecting the private sectors
D. ensuring the efficient operation of the ministries

Correct Answer:

B – the compilation of annual financial statement

Explanation

The Accountant-General is vested with the duties of receiving, keeping and disbursement government funds; recording and reporting government financial transactions; exercising supervisory powers over other ministries in terms of financial matters; managing government investments etc.