Consolidated revenue fund - Jamb Accounts - Principles of Accounts Past Questions and Answers

Question 6:

• JAMB 2008

The salary of the chief Justice of the Federation is paid from the?

A. Consolidated revenue fund
B. Development fund
C. Contigency fund
D. Special fund

Question 7:

• JAMB 2009

Which of the following is credited to the consolidated revenue fund?

A. Recurrent expenditure
B. Capital expenditure
C. Transfer to revenue fund
D. International revenue

Question 8:

• JAMB 2011

The fund in which all government receipt are paid is?

A. Consolidated revenue fund
B. Development fund
C. Trust fund
D. Contingency fund

Question 9:

• JAMB 2012

The Petroleum Technology Development Fund is under the

A. General fund
B. Contingency fund
C. Trust fund
D. Capital fund

Question 10:

• JAMB 2014

The account of government into which all monies are received and from which all expenditures are disbursed is the

A. Federation account
B. Petroleum Technology Development Fund
C. Central Bank Account
D. Development fund