ACC418 Solutions

ACC418

1. One of these is not the legal and regulatory framework for public sector accounting.

The Nigerian Constitution of 1999 as amended.

Treasury Circulars

Freedom of Information Act (FOI) 2011

Economic and Financial Crime Commission Act of 2004

2. Organizations owned, operated and financed by the government are known as the

Private sector

Federal government

36 states of Nigeria

Public sector

3. Chart of Accounts is to be used by the three tiers of Government in Nigeria for

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