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THE PROCESS OF ANALYSING,

CLASSIFYING, SUMMARIZING
AND COMMUNICATING ALL
TRANSACTIONS INVOLVING THE
RECEIPT AND DISPOSITION OF
GOVERNMENT FUND AND
PROPERTY AND INTERPRETING
THE RESULT THEREOF IS
A. GOVERNMENT AUDITING

B. BUDGETARY ACCOUNTING

C. GOVERNMENT ACCOUNTING

D. OBLIGATION ACCOUNTING
C. GOVERNMENT
ACCOUNTING
GOVERNMENTAL ACCOUNTING
SYSTEMS OF STATE AND LOCAL
GOVERNMENTAL ENTITIES (SLGs)
SHOULD BE ORGANIZED AND
OPERATED ON WHICH OF THE
FOLLOWING BASES?
A. PROPRIETARY FUND

B.FIDUCIARY FUND

C.GOVERNMENTAL FUND

D.FUND
D. FUND
AFINANCIAL PLAN WHICH
SERVES AS A FRAMEWORK
OF ACCOUNTS.
A. APPROPRIATION ACT

B. ALLOTMENT REQUEST

C. BUDGET

D.OBLIGATIONAL AUTHORITY
C. BUDGET
FINANCIAL
PLAN FOR THE
GENERAL EXPENDITURES OF
GOVERNMENT.
A. SPECIAL BUDGET

B. DEFICIENCY BUDGET

C. SUPPLEMENTAL BUDGET

D. GENERAL BUDGET
D. GENERAL
BUDGET
APLAN OR PROGRAM OF
ACTIVITIES TOGETHER WITH
COSTS OF UNDERTAKING THEM
TO MEET GOALS OR TARGETS
WHICH EMPHASIZE ON EXPECTED
RESULTS.
A. OBLIGATIONS

B.SUPPLEMENTAL BUDGET

C. PERFORMANCE BUDGET

D.ALL OF THESE
C. PERFORMANCE
BUDGET
THECHART OF ACCOUNTS FOR
GOVERNMENT AGENCIES SHALL
BE PRESCRIBED BY THE
A. BUDGET MINISTRY

B. MINISTRY OF FINANCE

C. COMMISSION ON AUDIT

D. OFFICE OF THE PRESIDENT


C. COMMISSION
ON AUDIT
WHICHAGENCY OF THE
GOVERNMENT IS IN CHARGE OF
THE ACCOUNTING RECEIPT OF
THE PROCEEDS OF FOREIGN AND
DOMESTIC LOANS AS WELL AS
THE SERVICING THEREOF?
A. BUREAU OF TREASURY

B. CENTRAL BANK OF THE PHILIPPINES

C.DEPARTMENT OF BUDGET AND


MANAGEMENT

D. NONE OF THE ABOVE


A. BUREAU
OF
TREASURY
THEAGENCY RESPONSIBLE WITH
THE DUTY TO KEEP THE GENERAL
ACCOUNTS OF THE GOVERNMENT,
PROMULGATE ACCOUNTING RULES
AND REGULATIONS, AND TO
SUBMIT TO THE PRESIDENT AND TO
CONGRESS AN ANNUAL FINANCIAL
REPORT OF THE GOVERNMENT
INCLUDING ITS SUBDIVISIONS.
A. DEPARTMENT OF FINANCE

B. DEPARTMENT OF BUDGET AND


MANAGEMENT

C. BUREAU OF TREASURY

D. COMMISSION ON AUDIT
B. DEPARTMENT OF
BUDGET AND
MANAGEMENT
THE PHILIPPINE
ACCOUNTING SYSTEM
IS STRONGLY
INFLUENCED BY?
A.US

B.JAPAN

C. CHINA

D. RUSSIA
A. US
IN
GOVERNMENT
ACCOUNTING, IT IS NOT
CORRECT TO
A. REGUARLY TAKE UP DEPRECIATION

B. ADOPT
A COMBINATION OF THE
CASH BASIS AND ACTUAL BASIS

C. CORRECT DEBIT ERROR BY A DEBIT


ENTRY BUT IN THE NEGATIVE

D. EMPHASIZE
ON CORRECTNESS, SO
REPORTS ARE CERTIFIED CORRECT
A. REGULARLYTAKE
UP DEPRECIATION
THISLAW IS KNOWN AS
THE GOVERNMENT
AUDITING CODE OF THE
PHILIPPINES
A. P.D. NO. 1442

B. P.D. NO. 1443

C. P.D. NO. 1444

D. P.D. NO. 1445


D. P.D. NO. 1445
IN
WHICH
ADMINISTRATION P.D.
NO.1445 ENACTED?
A. GARCIA ADMINISTRATION

B. MARCOS ADMINISTRATION

C. D. MACAPAGAL ADMINISTRATION

D. C. AQUINO ADMINISTRATION
B. MARCOS
ADMINISTRATION
IT
SHOWS THE OVERALL ACCOUNTING
SYSTEM OF A GOVERNMENT AGENCY
OR UNIT. INCLUDES THE SOURCE
DOCUMENTS, THE FLOW OF
TRANSACTIONS AND ITS
ACCUMULATION IN THE BOOKS OF
ACCOUNTS AND THEIR CONVERSION
INTO FINANCIAL INFORMATION/DATA
PRESENTED IN THE FINANCIAL
REPORT.
A. GENERAL APPROPRIATION ACT

B. GENERAL AUDITING PLAN

C. GENERAL ACCOUNTING PLAN

D. GENERAL BUDGETING PLAN


C. GENERAL
ACCOUNTING
PLAN
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