The body constitutionally charged with the responsibility of examining the audited accounts of the Federation and other reports as referred by the National ...
Question 1 Report
The body constitutionally charged with the responsibility of examining the audited accounts of the Federation and other reports as referred by the National Assembly is the?
Answer Details
The body that is responsible for reviewing the audited accounts of the Federation and other relevant reports as directed by the National Assembly is called the Public Accounts Committee (PAC). This committee is made up of members of the National Assembly who are appointed to oversee the use of public funds and ensure accountability in government spending. The PAC reviews the financial statements, reports and audits of government agencies, departments and ministries to ensure that public funds are used properly and that there is no waste, fraud or abuse of power. In summary, the Public Accounts Committee is the entity responsible for reviewing the financial activities of the government and ensuring that they comply with applicable laws and regulations.
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