JAMB Accounting 2012 Objective — Question 48

Question 48 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.

The Petroleum Technology Development Fund is under the

A. general fund
B. contingency fund
C. trust fundCorrect
D. capital fund

Explanation

The Petroleum Technology Development Fund is used to develop capital projects and is under the trust fund.

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