An instrument which allows public officers to increase expenditure within a year is?

By: |Published on: Dec 2|Categories: Accounting JAMB| 0 comments

A. statutory allocation
B. supplementary budget
C. virement
D. warrant

Correct Answer:

Option B – supplementary budget

Explanation

Supplementary Budget is the request for additional funds by Ministries and Departments during the course of the year.

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