ACC 111 P1

BANK SERVICE CHARGES ARE PART OF F______ EXPENDITURES

HOW MANY PERCENT IS TAKEN FROM RPT FOR SPECIAL EDUCATION FUND?

Representation and Traveling Allowance are part of __________ SERVICES

_____ FUND. For SPECIFIED PURPOSE.

__________ AND OTHER OPERATIONG EXPENSES. ONE OF THE GOVERNMENT EXPENDITURES

1.     Which of the following is tasked in keeping the general accounts of the government, supporting vouchers, and other documents?

• Commission on Audit

• Department of Budget and Management

• National Government Agencies

• Legislative Department

1.     What is the role of the Bureau of Treasury in relation to government accounting responsibility?

• To design, prepare and approve the accounting systems of government agencies

• To receive and keep national funds and manage or control disbursements thereof

• To prepare the annual financial report of the national government

• To keep the general accounts of the national government

All Expenditures involving depreciables are part of ______ OUTLAY

Separate accounting records and budget registries maintained for each cluster

• TRUE

• FALSE

1.     It is the process of analyzing, recording, classifying, summarizing and communicating all transactions involving the receipt and disposition of government funds and property and interpreting the results thereof.

• Government Auditing

• Government Budgeting

• Government Accounting

• Government Kissing