In government accounting, money allocated to each head and sub-heads is referred to as

Assessment: JAMB UTME - Principles of Accounts - 2024 Subject: Financial Accounting

Question 1 Report

In government accounting, money allocated to each head and sub-heads is referred to as  
Answer Details
In government budgeting, funds are authorized for spending through a voting process. Each government department or agency submits a budget request, which is then debated and approved (or voted on) by the legislature. The approved amounts for each department's programs and activities become the official votes that they can spend from.

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