WAEC Accounting 2012 Objective — Question 46
Question 46 of 50 from the West African Examinations Council (WAEC) Accounting 2012 Objective paper, with the correct answer and a full explanation.
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Which of the following is not a revenue to a local government?
- A. Fines
- B. Licenses
- C. Personal income taxCorrect
- D. Tenement rates
Explanation
Personal income tax is collected by state government in Nigeria, thus, cannot be income to local government.
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