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JAMB Accounting 2010 Objective — Question 49

Question 49 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2010 Objective paper, with the correct answer and a full explanation.

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49. An increase in government expenditure within a year is taken care of by means of A. financial regulations B. retirement C. warrant D. supplementary estimate

  • A. financial regulations
  • B. retirement
  • C. warrant
  • D. supplementary estimateCorrect

Explanation

When the expenses are above the projected, a supplementary estimate is issued to prevent governmental shut-down.

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