Article 22 of the Proclamation requires audit clearance prior to payment release.
Budgetary fund balances that lapse at year-end are automatically carried over to the next fiscal year without re-approval. Section 3: Short Answer / Journal Entries 7. A Woreda finance office receives a budget transfer of ETB 500,000 from the Regional Finance Bureau. Record the necessary journal entry in government books. Article 22 of the Proclamation requires audit clearance
Whether you are preparing for the , a university final, or an internal promotion within a regional bureau, having a targeted question bank is essential. a university final
Answer Key & Explanations 1. B) Ensure accountability and legality of public funds. Government accounting prioritizes stewardship and compliance, not profit. Article 22 of the Proclamation requires audit clearance