The statement of assets and liabilities in the public sector can be described as the?
Income and expenditure account of government
Appropriation account of government
Balance sheet of government
Funds flow statement of government
Correct answer is A
No explanation has been provided for this answer.
The budget statement presented to the legislature by the Chief Executive is called?
An appropriation act
A budget bill
An appropriation bill
A budget proposal
Correct answer is A
No explanation has been provided for this answer.
Consolidated Revenue Fund
Federation Account
Revenue Mobilization Allocation and Fiscal Commission's Account
Equalization Fund
Correct answer is A
No explanation has been provided for this answer.
Share premium is an example of?
Revenue reserve
Capital reserve
General reserve
Loan capital
Correct answer is B
No explanation has been provided for this answer.
The expenses incurred in promoting a company are?
Promoters' expenses
Floating expenses
Preliminary expenses
The board's expenses
Correct answer is C
No explanation has been provided for this answer.