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ACCOUNT

JAMB 2023 - Question 14

Account 2023 JAMB Past Questions - Question 14: Which of the following is used to service all operations of government?

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

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Correct Answer

Explanation

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