PRELIMINARY EXAMINATION

GOVERNMENT ACCOUNTING (ACCTG 328)

NAME:________________________________________

1. Define Government Accounting (10 points)

2. Enumerate the Process of developing the Philippine Public Sector Accounting Standards (PPSAS)
a.
b.
c.
d.
e.
f.
g.
h.
i.

3. What are the government offices primarily charged with accounting responsibility?
a.
b.
c.
d.

4. What is IRREGULAR EXPENDITURES –

5. What is ILLIGAL EXPENDITURES-

6. What is EXCESSIVE EXPENDITURES-

7. What is UNNECESSARY EXPENDITURES-

8. What is EXTRAVAGANT EXPENDITURES-

9. What is UNCONSCIONABLE EXPENDITURES-

10. What are the GOVERNMENT BUSINESS ENTERPRISE (GBE) CHARACTERUSTICS 1 to 5