What does Virement refer to in public sector budgeting

date:2025-12-31 16:54:41 author:admin browse: time View comments Add Collection

What does Virement refer to in public sector budgeting

What does Virement refer to in public sector budgeting?

   A) The transfer of monies from one budget head to another

   B) A budget deficit

   C) A budget surplus

   D) The process of setting a budget

   Answer: A

  Explanation: Virement is the transfer of funds between different budget lines within an organization's budget.