Podcast
Questions and Answers
Which letter represents 'Economic Services' in the sectors of accounts?
Which letter represents 'Economic Services' in the sectors of accounts?
‘A’ stands for Social and Community Services in the sectors of accounts.
‘A’ stands for Social and Community Services in the sectors of accounts.
False
What is the designation for the sub-sector before Major Head of Account 3451?
What is the designation for the sub-sector before Major Head of Account 3451?
j
Under Correctional Administration Department, ‘A’ stands for General Services and ‘d’ stands for ______.
Under Correctional Administration Department, ‘A’ stands for General Services and ‘d’ stands for ______.
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Match the following sectors to their corresponding letters:
Match the following sectors to their corresponding letters:
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Which Major Head of Accounts is associated with the Irrigation and Water Ways Department?
Which Major Head of Accounts is associated with the Irrigation and Water Ways Department?
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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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Description
Explore the different sectors and sub-sectors within the Accounts system, primarily grouped under divisions of the Consolidated Fund. This quiz will test your understanding of General Services, Social and Community Services, and Economic Services, including their respective major heads of accounts.
