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WAEC Financial Accounting 2010 Question 39

Question 39

Public Sector Accounting

The document prepared for the disbursement of government fund is

  1. A.an invoice
  2. B.a receipt
  3. C.a payment voucher
  4. D.a bill
Show the answer and explanation

Answer: C (a payment voucher)

Explanation

Government money is paid out only on an approved payment voucher.