The authority to transfer fund from one head to another within the same organization is...
FINANCIAL
JAMB 2023
The authority to transfer fund from one head to another within the same organization is called
- A. fund
- B. warrant
- C. vote
- D. virement
Correct Answer: D. virement
Explanation
Virement warrants is used to transfer fund from one vote head to another. It is used to create a new vote head but to transfer fund within the same economic head.
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