WAEC Accounting 2023 Objective — Question 18
Question 18 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 source of funds available to a local government/district assembly includes
- A. common fund allocation.Correct
- B. excise duties.
- C. road tolls.
- D. foreign loans.
Explanation
Common fund allocation is one of the major sources of funds available to local governments/district assemblies.
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