WAEC Accounting 2022 Objective — Question 44
Question 44 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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The authority to incur expenditure to address natural disaster is contained in
- A. virement warrant
- B. reserved expenditure warrant
- C. supplementary general warrant
- D. contingency warrantCorrect
Explanation
A contingency warrant provides authority for unforeseen emergency expenditure, such as that arising from a natural disaster.
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