WAEC Accounting 2014 Objective — Question 37
Question 37 of 50 from the West African Examinations Council (WAEC) Accounting 2014 Objective paper, with the correct answer and a full explanation.
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The primary classification of government expenditure is based on
- A. programs
- B. fundCorrect
- C. activity
- D. project
Explanation
Government expenditures are regarded as funds such as development fund, contingency fund, etc., forming the primary classification basis.
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