A. contingency warrant
B. supplementary general warrant
C. reserved expenditure warrant
D. virement warrant
Correct Answer:
Option A – contingency warrant
Explanation
Contingency warrant gives authority to the accountant general to release fund for urgent and unforeseen events. It is used when virement is not possible and there is an urgent need for the fund, which cannot be postponed.
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…
100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…