OVERVIEW OF GOVERNMENT ACCOUNTING
Authored by Dimple Jamis
Business
2nd Grade
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1.
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1 min • 1 pt
Accounting is (a)
2.
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1 min • 1 pt
is a system that measures business activities, processes that information into reports and communicates the results to decision makers.
(a)
3.
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1 min • 1 pt
It is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least of financial character, and interpreting the results thereof
(a)
4.
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1 min • 1 pt
refers to the accounting system implemented and followed by the government offices to record the financial transactions of the government.
(a)
5.
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1 min • 1 pt
it is the process of recording, classifying, summarizing and interpreting the financial transactions of the government.
(a)
6.
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1 min • 1 pt
In the Philippine setting, Under Section 109, (a) defines Government Accounting as encompasses the processes of analyzing, recording, classifying, summarizing and communicating all transactions involving the receipt and disposition of government funds and property, and interpreting the results thereof
7.
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1 min • 1 pt
(4) OBJECTIVES OF GOVERNMENT ACCOUNTING
(a)
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