Questions and Answers
The internal Auditor reports to the
The officer that will examine and ascertain in such manner as he may deem fit the account relating to public fun ds and property and shall form his opinion on the financial statement is referred to as
A defaced or mutilated receipt/license leaflet shall be cancelled and retained in the booklet for
An estacode is granted to an officer
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The political head of parastatal is
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The bank that is authorized to hold the financial /funds of ministries, Department and Agency
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One of this is not a major federal government funds
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The monetary benefit other than salary granted to an officer for a specific purpose is called
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Resettlement allowance was previously called
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A person responsible for the approval of the inspector General of police and comptrolled General /commandant General when traveling outside the country is
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The authorized absence of an officer from duty for a specific period is called
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Which department raises salary variation advice?
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The Agency responsible for collecting tax at the state level are called
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The number of a female officer who is nursing a child is entitled to off duty every day is
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One of the following is NOT considered as official journey
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Appropriation Act is the
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Who is the treasure of Nigeria
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Which of the following is a long term investment
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Loss or shortage of fund is a depletion of government fund at a given time.This can arise from any of the following ,except
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One of the following is not an accounting officer
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When one officer hands over to another,the following document must be signed by both officers
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Nigeria custom collect the following revenue except
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An example of a cash crop in Nigeria
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Salary is a/an
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Which of the following rates is the employer’s pension contribution under the new pension reform act.22014?
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Which of the following is not a security document /book?
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The term imprest is applicable to all sums advanced to public officer to meet expenditure under current estimates for which………… cannot be immediately presented to a sub –accounting officer for payment
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What is the revenue sharing formula for the federal government ?
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The document that is issued by the minister from time to time authorizing the accountant general of the federation to disburse funds from the federal government fund appropriated by the national assembly is called?
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All procurement contracts in ministries, extra-ministerial offices and other arm of government is supervised by the
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The percentage of duty tour paid to officers for the purpose of local running during an official tour is
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The absence of officer for a period not exceeding 7 days duty authorized by his superior officer with a leave year is called ?
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The number of times required by all government employees in Nigeria to be confirmed in service
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Which of the following is not a requirement for an agency to become self accounting?
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Study Notes
Internal Audit and Oversight
- The internal auditor reports to an officer who examines accounts related to public funds and property and forms opinions on financial statements.
- This officer is responsible for ensuring transparency and accuracy in financial reporting.
Financial Processes and Documentation
- A defaced or mutilated receipt or license leaflet must be cancelled and retained in the booklet for record-keeping.
- Monitoring the condition of financial documents is crucial for accountability.
Compensation and Benefits
- An estacode is a monetary allowance granted to an officer for travel expenses.
- Resettlement allowance, previously referred to differently, is a financial benefit provided to officers for relocation purposes.
- Monetary benefits apart from salary for specific purposes are categorized as allowances.
Leadership and Governance
- The political head of a parastatal organization is responsible for overseeing activities and operations.
- The bank designated to manage the financial assets of ministries, departments, and agencies is critical for public fund management.
Employment Regulations
- Authorized absence from duty for a specific period is referred to as leave.
- Specific departments are responsible for processing salary variations and adjustments.
Taxation and Child Welfare
- Agencies collecting taxes at the state level play a vital role in local governance and revenue generation.
- Female officers nursing a child are entitled to specific off-duty allowances every day, recognizing the importance of maternal care.
Travel and Official Duties
- A person needing approval from the inspector general of police and the comptroller general/commandant general is required for official travel outside the country.
- Specific journeys do not qualify as official journeys, emphasizing the distinction between personal and work-related travel.
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