Which of the following is used to service all operations of government?

FINANCIAL
JAMB 2023

Which of the following is used to service all operations of government?

  • A. general reserve fund
  • B. consolidated revenue fund
  • C. special operational fund
  • D. consolidated reserve fund

Correct Answer: B. consolidated revenue fund

Explanation

Consolidate revenue fund shows the total income derived by the government from all the sources of revenue.



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