Sectors & Sub Sectors of Accounts

Questions and Answers

Which letter represents 'Economic Services' in the sectors of accounts?

C (correct)

‘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?

Under Correctional Administration Department, ‘A’ stands for General Services and ‘d’ stands for ______.

Administrative Services Signup and view all the answers

Match the following sectors to their corresponding letters:

General Services = A Social Services = B Economic Services = C General Economic Services = j Signup and view all the answers

Which Major Head of Accounts is associated with the Irrigation and Water Ways Department?

3451 Signup and view all the answers

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

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.