WAEC Financial Accounting 1992 Question 34

Question 34

Public Sector Accounting

Materials are taken out of government unallocated store by means of

  1. A.verbal instruction by the Governor
  2. B.stores issue voucher
  3. C.stores credit voucher
  4. D.stores ledger card
  5. E.departmental authorisation order.
Show the answer and explanation

Answer: B (stores issue voucher)

Explanation

Items leave a government store only against a stores issue voucher.