The instrument used to release fund which the minister of finance has earlier withheld is

Assessment: WAEC SSCE - Financial Accounting - 2015 (Objective) Subject: Financial Accounting

Question 1 Report

The instrument used to release fund which the minister of finance has earlier withheld is

Answer Details
The instrument used to release fund which the minister of finance has earlier withheld is a "Supplementary Warrant". A supplementary warrant is issued when additional funds are required for a particular purpose beyond the amount originally allocated in the budget. It enables the Minister of Finance to authorize additional expenditure without having to go through the process of amending the budget. The supplementary warrant is used to release funds that have previously been withheld by the minister of finance.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning