Government Accounting and Auditing
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Questions and Answers

Which office has the exclusive authority to promulgate accounting and auditing rules and regulations?

  • Commission on Audit (COA) (correct)
  • Department of Budget and Management (DBM)
  • Bureau of Treasury (BTr)
  • None of the above
  • Which office keeps the general accounts of the government, supporting vouchers, and other documents?

  • Commission on Audit (COA) (correct)
  • Department of Budget and Management (DBM)
  • Bureau of Treasury (BTr)
  • None of the above
  • Which office submits financial reports to the President and Congress?

  • Commission on Audit (COA) (correct)
  • Department of Budget and Management (DBM)
  • Bureau of Treasury (BTr)
  • None of the above
  • Which office is responsible for the formulation and implementation of the national budget?

    <p>Department of Budget and Management (DBM)</p> Signup and view all the answers

    Which office is the cash custodian of the government?

    <p>Bureau of Treasury (BTr)</p> Signup and view all the answers

    Which department does Professor Jerome P. Bantigue belong to?

    <p>Department of Business and Accountancy</p> Signup and view all the answers

    How can students resolve any problems they encounter during the course?

    <p>By contacting the course Instructors</p> Signup and view all the answers

    What is the email address of Professor Jerome P. Bantigue?

    <p><a href="mailto:[email protected]">[email protected]</a></p> Signup and view all the answers

    What is the contact number of Professor Jerome P. Bantigue?

    <p>0965-426-3926</p> Signup and view all the answers

    Where can students check if they are enrolled in the course virtual classes?

    <p>CCC E-Guro LMS</p> Signup and view all the answers

    Study Notes

    Accounting and Auditing Rules

    • The Securities and Exchange Commission (SEC) has the exclusive authority to promulgate accounting and auditing rules and regulations.

    Government Accounting

    • The Commission on Audit (COA) keeps the general accounts of the government, supporting vouchers, and other documents.

    Financial Reporting

    • The Department of Budget and Management (DBM) submits financial reports to the President and Congress.

    National Budget Formulation

    • The Department of Budget and Management (DBM) is responsible for the formulation and implementation of the national budget.

    Government Cash Custodian

    • The Bureau of the Treasury is the cash custodian of the government.

    Professor Jerome P. Bantigue

    • Professor Jerome P. Bantigue belongs to the Department of Budget and Management (DBM).

    Course Support

    • Students can resolve any problems they encounter during the course by contacting Professor Jerome P. Bantigue through email at [his email address] or by phone at [his contact number].
    • Students can check if they are enrolled in the course virtual classes through the course website or online platform.

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    Description

    Test your knowledge about the government offices responsible for accounting and auditing in this quiz. Learn about the Commission on Audit (COA) and its exclusive authority to promulgate rules and regulations, keep government accounts, and submit financial reports to the President and Congress. Explore the Department of Budget and Management's role in government accounting as well.

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