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Questions and Answers
What does sector 'A' represent in the Consolidated Fund?
What does sector 'A' represent in the Consolidated Fund?
- Administrative Services
- Social and Community Services
- General Services (correct)
- Economic Services
Which major head of account is associated with the Irrigation and Water Ways Department under sector 'C'?
Which major head of account is associated with the Irrigation and Water Ways Department under sector 'C'?
- 3451 (correct)
- 1234
- 2235
- 2056
What sub-sector is indicated by 'g' under sector 'B'?
What sub-sector is indicated by 'g' under sector 'B'?
- Public Safety
- Community Development
- Social Welfare & Nutrition (correct)
- Environmental Protection
Which sector is referred to by the capital letter 'C'?
Which sector is referred to by the capital letter 'C'?
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Which department's sector 'A' sub-sector corresponds to 'd'?
Which department's sector 'A' sub-sector corresponds to 'd'?
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What is the representation of the Economic Services sector in the classification system?
What is the representation of the Economic Services sector in the classification system?
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Study Notes
Overview of Sectors & Sub Sectors of Accounts
- Transactions within the Consolidated Fund are categorized into Sectors, represented by capital letters A, B, C, etc.
- Each Sector corresponds to a major category of services:
- A for General Services
- B for Social and Community Services
- C for Economic Services
Sub-divisions of Sectors
- Sectors can be further subdivided into sub-sectors, indicated by lowercase letters a, b, c, etc.
- Each sub-sector leads to Major Heads of Accounts, which detail financial transactions specific to that category.
Examples of Sector and Sub-sector Classification
-
Irrigation and Water Ways Department
- Sector C: Economic Services
- Sub-sector j: General Economic Services
- Major Head of Account: 3451
-
I & CA Department
- Sector B: Social and Community Services
- Sub-sector g: Social Welfare & Nutrition
- Major Head of Accounts: 2235
-
Correctional Administration Department
- Sector A: General Services
- Sub-sector d: Administrative Services
- Major Head of Accounts: 2056
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