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JAMB Principles of Accounts 2010 Question 48

Question 48

Public Sector Accounting

The financial plan of the government for a year is contained in the

  1. A.budget
  2. B.cash analysis book
  3. C.vote book
  4. D.gazette.
Show the answer and explanation

Answer: A (budget)

Explanation

The budget sets out government's planned revenue and spending for the year.