WAEC Financial Accounting 2020 Question 9

Question 9

Public Sector Accounting

The document which serves as the authority to incur expenditure in public sector is

  1. A.warrant.
  2. B.vote.
  3. C.budget.
  4. D.voucher.
Show the answer and explanation

Answer: A (warrant.)

Explanation

A warrant authorises the release and spending of approved funds.