JAMB Accounting 2017 Objective — Question 4

Question 4 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

An increase in government expenditure within a year is taken care of by means of

A. A. virement
B. B. supplementary estimateCorrect
C. C. warrant
D. D. financial regulations

Explanation

A supplementary estimate is used to adjust for an increment in government expenditure within the budget year.

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