Accounting WAEC

The instrument used to release funds which the minister of finance has earlier withheld is?

A. Reserve expenditure warrant
B. Supplementary general warrant
C. Provisional general warrant
D. Supplementary statutory warrant

Correct Answer: Option B

B. Supplementary general warrant

Explanation

Supplementary general warrant: This is the authority authorizing the account General and the officer controlling expenditure to release fund as contained in the approved supplementary budget.

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