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WAEC Financial Accounting 1991 (August) Question 25

Question 25

Public Sector Accounting

The authority of the Accountant-General to disburse from government fund is called

  1. A.voucher
  2. B.warrant
  3. C.estimate
  4. D.provision
  5. E.vote.
Show the answer and explanation

Answer: B (warrant)

Explanation

A warrant is the formal authority to release funds for spending.