Back to Questions
System of Financial Control and Budgeting QUESTION #5642
Question 1
The CFAO is responsible for submitting a monthly statement of departmental expenditure and receipts to the Financial Adviser's Organization by which deadline?
  • By the 10th of the following month
  • By the 25th of the following month
  • By the 10th and a reconciled statement by the 25th of the following month✔️
  • By the last working day of the following month
Correct Answer Explanation
The CFAO must furnish the monthly statement of departmental expenditure and receipts to Financial Adviser's Organization and the Finance Division (Budget and Accounts Section - Budget Wing) by the 10th AND the reconciled statement of expenditure and receipts by the 25th of the month following the month to which it relates.