WAEC Accounting 2023 Objective — Question 17
Question 17 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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The allocation of funds from treasury to accounting heads in public sector is
- A. float.
- B. vote.Correct
- C. virement.
- D. budget.
Explanation
Funds are transferred to accounting heads based on the votes approved for the executives/departments.
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