An increase in government expenditure within a year is taken care of by means of...

FINANCIAL
JAMB 2016

An increase in government expenditure within a year is taken care of by means of

  • A. virement
  • B. financial regulations
  • C. supplementary estimate
  • D. warrant

Correct Answer: C. supplementary estimate

Explanation

supplementary estimates means a statement of unforeseen expenditure for a financial year presented by the Treasurer to the Legislative Assembly for the purpose of obtaining supplementary appropriation for that expenditure



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