JAMB Principles of Accounts 2006 Question 13

Question 13

Public Sector Accounting

After receiving the financial statement, the Auditor-General of the Federation must submit a report to the National Assembly within

  1. A.60 days
  2. B.30 days
  3. C.120 days
  4. D.90 days.
Show the answer and explanation

Answer: D (90 days.)

Explanation

The Constitution requires the Auditor-General to submit his report to the National Assembly within 90 days of receiving the Accountant-General's financial statements.