Which of the following is used to service all operations of government?

Home » Past Questions » Accounts-principles-of-accounts » Jamb » 2017 » Which of the following is used to service all operations of government?
Accounts - Principles of Accounts JAMB 2017

Which of the following is used to service all operations of government?

  • Consolidated Revenue Fund checkmark
  • Consolidated Reserve Fund
  • Special Operational Fund
  • General-Reserve Fund

The correct answer is: A

Explanation

consolidation revenue fund generate its revenue through allocation from the federation account, court fees and fines etc and is used to finance government operation e g cost, overhead
Previous Question Next Question

Leave A Comment