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JAMB Accounting 2016 Objective — Question 35

Question 35 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.

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35. Government accounting is basically (a) fund (b) statement (c) extracts (d) none of the above

  • A. fundCorrect
  • B. statement
  • C. extracts
  • D. none of the above

Explanation

Most government accounts are fund accounts.

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