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The internal Auditor reports to the
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
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
A defaced or mutilated receipt/license leaflet shall be cancelled and retained in the booklet for
An estacode is granted to an officer
An estacode is granted to an officer
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The political head of parastatal is
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
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
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
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
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
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
The authorized absence of an officer from duty for a specific period is called
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Which department raises salary variation advice?
Which department raises salary variation advice?
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The Agency responsible for collecting tax at the state level are called
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
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
One of the following is NOT considered as official journey
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Appropriation Act is the
Appropriation Act is the
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Who is the treasure of Nigeria
Who is the treasure of Nigeria
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Which of the following is a long term investment
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
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
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
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
Nigeria custom collect the following revenue except
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An example of a cash crop in Nigeria
An example of a cash crop in Nigeria
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Salary is a/an
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?
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?
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
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 ?
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?
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
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
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 ?
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
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?
Which of the following is not a requirement for an agency to become self accounting?
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Any public office that meet expenditure under the current estimate for which vouchers cannot be presented to sub-accounting officer payment is known as
Any public office that meet expenditure under the current estimate for which vouchers cannot be presented to sub-accounting officer payment is known as
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_______ is the permanent secretary of a ministry or head an extra ministerial office or arm of government who is in full control responsible for human material and financial resources which are input of the management
_______ is the permanent secretary of a ministry or head an extra ministerial office or arm of government who is in full control responsible for human material and financial resources which are input of the management
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Any relation that the unit with installation and maintenance of a proper system of the account subject to the general supervision of accountant general is called
Any relation that the unit with installation and maintenance of a proper system of the account subject to the general supervision of accountant general is called
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Any officer, who is entrusted with a official receipt, license or ticket booklet for the regular collection of a particular is known as
Any officer, who is entrusted with a official receipt, license or ticket booklet for the regular collection of a particular is known as
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What is the full meaning of LPC
What is the full meaning of LPC
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The personnel emolument records shall be issue when an officer is transfer from one state to another under confidential cover is called..
The personnel emolument records shall be issue when an officer is transfer from one state to another under confidential cover is called..
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What is the full meaning of P. A. Y. E
What is the full meaning of P. A. Y. E
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What is the full meaning of V. A. T
What is the full meaning of V. A. T
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What is the full meaning meaning of LPV
What is the full meaning meaning of LPV
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What is the full meaning of S. R. V
What is the full meaning of S. R. V
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What is the full meaning of A. I. E
What is the full meaning of A. I. E
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The printing form that is writing and signed as a way of paying for something instead of using is called.
The printing form that is writing and signed as a way of paying for something instead of using is called.
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The important documents by a revenue collector is called
The important documents by a revenue collector is called
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All movable property purchase from public fund or otherwise acquired by government is called
All movable property purchase from public fund or otherwise acquired by government is called
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Which of these is the type of store under financial regulations
Which of these is the type of store under financial regulations
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The document made out in favour of a person to whom the money is called
The document made out in favour of a person to whom the money is called
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The official statement by the federal government of a country's income from taxes oil revenue is called
The official statement by the federal government of a country's income from taxes oil revenue is called
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The pay advice issued by the account General of the federation to CBN to credit account for a particular ministry or department with a particular amount of money is called
The pay advice issued by the account General of the federation to CBN to credit account for a particular ministry or department with a particular amount of money is called
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The statement of income and expenditure or receipts and payment usually prepared on monthly basis and forwarded to the treasury is called
The statement of income and expenditure or receipts and payment usually prepared on monthly basis and forwarded to the treasury is called
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The authority given to an officer to make expenditure on behalf of the government is called
The authority given to an officer to make expenditure on behalf of the government is called
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Where does federal government bank account maintained
Where does federal government bank account maintained
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Which officer is responsible for the signing of payment vouchers under the financial regulation 410
Which officer is responsible for the signing of payment vouchers under the financial regulation 410
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Duties of Auditor General included on the following
Duties of Auditor General included on the following
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Who has the authority for the disposal of animal financial regulation 2626
Who has the authority for the disposal of animal financial regulation 2626
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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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