Which fund is used to meet unforeseen or urgent expenditure

Which fund is used to meet unforeseen or urgent expenditure

A General reserve fund

B Consolidated Reserve Fund

C contingencies fund

D special fund

Answer is B

contingencies fund: if there is an urgent and unforeseen need for expenditure for which no other provision exist, such expenses shall be deducted from the contingencies fund

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: