The authority to incur expenditure to address natural dis...
The authority to incur expenditure to address natural disaster is contained in
Contingency warrant
Supplementary general warrant
Reserved expenditure warrant
Virement warrant
Correct answer is A
Contingency warrant gives authority to the accountant general to release fund for urgent and unforeseen events. It is used when virement is not possible and there is an urgent need for the fund, which cannot be postponed.
The purpose of preparing a trading account is to ascertain ...
On January 1,2000, a club's assets and liabilities were as follows: Club house....................
Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Bot...
Transactions are recorded or posted to the ledger in line with ...
An item that would be considered a first charge against profit in a company's account is ...