by Sunday | Dec 2 | Accounting JAMB
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...
by Sunday | Dec 2 | Accounting JAMB
Given: Assets and Liabilities of a Local Government Bank balance #6,484,000 Cash # 900,000 General revenue balances #9,774,500 Accrued salaries #1,220,000 Investment in shares #1,480,000 Vehicles #7,620,000 A. #10,994,500 B. #17,394,500 C. #18,774,500 D....
by Sunday | Dec 2 | Accounting JAMB
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...
by Sunday | Dec 2 | Accounting JAMB
A. sales B. purchases C. equality D. floor space Correct Answer: Option C – equality
by Sunday | Dec 2 | Accounting JAMB
A. application allotment account and credit discount account B. discount account and credit C. cash account and credit discount account D. discount account and credit bank account Correct Answer: Option A – application allotment account and credit discount...