Post Utme Noun 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice

Question 21 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

In a public sector accounting system, what is the primary purpose of the 'Budgetary Control' function?

A. To ensure that all transactions are recorded in the general ledger

Correct Answer B. To provide a framework for managing and controlling public sector finances

C. To prepare financial statements for the public sector

D. To conduct audits of public sector entities

Correct Answer

Correct Option:

To provide a framework for managing and controlling public sector finances

This is Post Utme Noun 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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