Philippine Constitution: Accounting for Budgetary Accounts Quiz

What is the legal basis for government accounting for budgetary accounts?

Which of the following is NOT a component of budgetary accounts?

What is the primary purpose of government funds?

Which principle dictates that all disbursements must have the approval of proper officials?

Which accounting aspect must be observed to ensure sound management and fiscal administration?

What serves as the legal authorization to use public money for the national government's PAPs?

What is the key difference between Performance-informed budgeting (PIB) and traditional line item-based budgeting?

In what way does Zero-based budgeting differ from Incremental budgeting?

Which type of budget links funding to achieved outcomes and provides a framework for more informed resource allocation and management?

What type of information is presented in the appropriations document for Performance-informed budgeting?

Which type of budget is adjusted when a previous inadequate budget needs correction?

What aspect of government activities does the National government budget plan for financing?