Font size
WorksheetsACC 111 P1
Total questions: 14
Worksheet time: 5mins
BANK SERVICE CHARGES ARE PART OF F (a) EXPENDITURES
HOW MANY PERCENT IS TAKEN FROM RPT FOR SPECIAL EDUCATION FUND?
(a)
Representation and Traveling Allowance are part of (a) SERVICES
(a) FUND. For SPECIFIED PURPOSE.
(a) 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 (a) 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
(a) AND OTHER OPERATIONG EXPENSES. ONE OF THE GOVERNMENT EXPENDITURES
What is the importance of studying Government Accounting?
Explain briefly the Budget Process of the Philippine Government.
Explain the similarity of National Government and Local Government Units in terms of Budgeting and Accounting Processes
