Financial Accounting > QUESTIONS & ANSWERS > Harvard University HARVARD 21-6chapter 19-REVIEWED BY EXPERTS-ALL ANSWERS CORRECT (All)

Harvard University HARVARD 21-6chapter 19-REVIEWED BY EXPERTS-ALL ANSWERS CORRECT

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CHAPTER 19 MULTIPLE CHOICES PROB.19-1 its main function is the availability and appropriation of funds for public services. a. Department of finance b. Department of treasury c. National budget sy... stem d. Commission on audit PROB.19-2 which government body is responsible for the design and preparation of the new government accounting system (NGAS?) a. Department of budget and management b. Bureau of treasury c. Commission of audit d. Government agencies PROB.19-3 the following are the system followed in the new government accounting system (NGAS) except a. Commercial accounting b. Double-entry bookkeeping c. Responsibility accounting d. Fund accounting PROB.19-4 this is basis of accounting under the new government accounting system a. Modified accrual b. Cash basis c. Accrual basis d. Strict accrual [Show More]

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