A major benefit derived from the reconciliation of branch and head office books is to?
Determine accurate returns by the branch
Ascertain the correct profit or loss on branch activities
Enable the branch to keep control over stock
Enable the branch to ascertain debtor's balance
Correct answer is A
No explanation has been provided for this answer.
Recurrent expenditure are expenses for the period not exceeding?
10 years
5 years
2 years
1 year
Correct answer is D
No explanation has been provided for this answer.
The channel through which all government borrowing and domestic lending transactions pass is called
Special trust fund
Agency fund
National loan fund
Contingency fund
Correct answer is D
No explanation has been provided for this answer.
i and ii
i, ii and iii
ii, iii and iv
iii and iv
Correct answer is A
No explanation has been provided for this answer.
Public Accounts Committee
Public Audit Committee
Internal Audit Committee
External Audit Committee
Correct answer is A
No explanation has been provided for this answer.