NATIONAL COMMISSION FOR MUSEUMS AND MONUMENTS

INTERNAL AUDIT UNIT

GRADE LEVEL 14 AND 15 PROMOTION EXAMINATION FOR THE YEAR 2023

ALLOW TIME: 2HRS

INSTRUCTION: - ANSWER QUESTIONS ONE (1) AND ANY

OTHER TWO (2) QUESTION.

QUESTION 1a. WAZOBIA Company Limited was awarded a contract sum of

Five Million Naira (5,000,000.00) only to supply 10 Computers
HP Laptop to National Commission for Museums and
Monuments Headquarters, Abuja.

As qualified Internal Auditor of the Commission, highlight the

method or procedure you will adopt to ascertain that the
Computers were actually purchased and supplied to the
Commission Stores. Support your answer with a sample of Audit
Goods witness form (25 Marks)

QUESTION 1b. As one of the acceptable receipt for claims in the Public Sector,
a certified certificate is written in place of printed receipt/invoice
Discuss? (15 Marks)

QUESTION 2 As an Internal — Auditor with the National Commission for Museums

and Monuments, outline verifiable details of the schedule of duty
performed by you in your work place for the past one year.
NOTE: Citing specific examples will be an added advantage.
(30 Marks)

QUESTION 3 (a) Name any 4 (four) reasons that can course variation in staff
Salary?. (15 Marks)
(b) State 3 reasons why departments or division must reconcile
Bank Statement of Account with cash book every month.
(15 Marks)

QUESTION 4. (a) Wh at is the full meaning of the aconym GIFMIS * (4 Marks)

(b) Define GIFMIS?. (10 Marks)
(c) List Eight (8) Financial Management Circle Covers on the
GIFMIS Operation. (16 Marks)

QUESTION 5. (a) What do you understand by Audit Alarm System * (1S Marks)
(b) List all the members of the Audit Alarm Committee you know.
(15 Marks)
GOOD LUCK
NATIONAL COMMISSION FOR MUSEUMS & MONUMENTS
FINANCE AND ACCOUNTS DEPARTMENT
GRADE LEVEL 14 & 15 PROMOTION EXAMINATION.
ALLOW TIME: 2HRS
INSTRUCTION: - ANSWER QUESTION ONE (1) AND ANY OTHER TWO (2)
QUESTIONS.

QUESTION 1a. Write a sample of a standard application for purchase Advance to the
Director General through the Director, Finance and Accounts and
demonstrate the description as it will appear on a payment voucher.
(25 Marks)

QUESTION 1b. As one of the acceptable receipt for claims in the Public Sector, a
certified certificate is written in place of printed receipt/invoice
Discuss? (15 Marks)

QUESTION. (2) As an Accountant with National Commission for Museums and

Monuments, outline verifiable details of the schedule of duty
performed by you in your work place for the past one year.
Note: Citing specific examples will be an added advantage. (30 Marks)

QUESTION 3. (a) What is the full meaning of the aconym GIFMIS (4 Marks)
(b) Define GIFMIS? (10 Marks)
(c) List Eight (8) Financial Management Circle Covers on the GIFMIS
Operation (16 Marks)

QUESTION 4. (a) List Eight (8) Financial Authority that regulates the operation of
government accounts in Nigeria (20 Marks)

(b) Mention four (4) objectives of Fiscal Responsibility Act 2007

(10 Marks)

QUESTION 5. (a) Name at least eleven (11) Institutions that are involved in Public
Finance Accountability in Nigeria (22 Marks)
(b) Write short note on any two (2) you have listed (15 Marks)

GOOD LUCK
NATIONAL COMMISSION FOR MUSEUMS AND MONUMENTS
FINANCE AND ACCOUNTS DEPARTMENT
GRADE LEVEL 07 — 10 PROMOTION EXAMINATION
ALLOW TIME: 2HRS
INSTRUCTION: - ANSWER ANY THREE (3) QUESTIONS.

QUESTION 1. Define the following: -

(i) Financial Regulation (ii) Balance Sheet (iii) Trial Balance
(iv) Journal (v) Ledger. (30 Marks)

QUESTION 2. (a) Who is an officer controlling Expenditure? (15 Marks)

(b) State Three (3) duties of officer controlling Expenditure.
(15 Marks)

QUESTION 3 (a) Write short note on Departmental Vote Expenditure allocation

(DVEAbook. (8 Marks)
(b) How many items form the content of a vote book? (6 Marks)
(c) State any five (5) items you know on DVEA. (10 Marks)
(d) What is Treasury book 46? (6 Marks)

QUESTION 4. (a) What is a voucher? [10 Marks)

(b) Write brief note on the following:-
(i) Payment Voucher (ii) Receipt Voucher (iii) Adjustment
Voucher (20 Marks)

QUESTION 5. (a) What is a Cash Book?. (15 Marks)

(b) What is double entry Book Keeping? (15 marks)

GOOD LUCK
NATIONAL COMMISSION FOR MUSEUMS AND MONUMENTS
FINANCE AND ACCOUNTS DEPARTMENT
GRADE LEVEL 12 AND 13 PROMOTION EXAMINATION FOR THE YEAR 2023
ALLOW TIME: 2HRS

INSTRUCTION: - ANSWER QUESTION ONE (1) AND ANY OTHER TWO (2)
QUESTIONS.

QUESTION 1 (a) Write a sample of a standard application for out-of pocket expenses to
the Director-General through the Director of Finance and Accounts
and demonstrate the description as it will appear on a payment
voucher. (25 Marks)
1(b) As one of the acceptable receipt for claims in the public sector, a
certificate is written in place of printed receipt/invoice Discuss?
(15 Marks)

QUESTION 2(a) Who is the Accounting officer of the National Commission for
Museums and Monuments? Sight his main role in your description.
(15 Marks)

2(b) Who is the Sub-Accounting Officer of the National Commission for

Museums and Monuments. Sight his main role in your description.
(15 Marks)

QUESTION 3(a) List at least eleven (11) institutions that are involved in Public Finance
Accountability in Nigeria (22 Marks)
3(b) Write short note on any two (2) you have listed (8 Marks).

QUESTION 4 Write short note on the following:-

(i) IPSAS (ii) GIFMIS (iii) TSA (iv) IPSAB (v) NCOA (30 Marks)

QUESTION 5 What do you understand by the following:-

(i) Revenue (ii) Capital Expenditure (iii) Financial
Regulation (iv) TF1 (v) Expenditure Control (30 Marks)

GOOD LUCK