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JAMB Accounting 2017 Objective — Question 35

Question 35 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

Government accounting is basically

A. A. fund accountingCorrect
B. B. statement accounting
C. C. extracts-based
D. D. none of the above

Explanation

Most government accounts are organised as fund accounts.

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