10 Questions
What were the primary software tools used for the treasury system in its early development stage?
BASK-M and General Ledger
What was the main issue with the BASK-M software that led to its replacement?
Inability to handle advanced accounting procedures
Which of the following was NOT a drawback of the BASK-M software solution?
Integrated communication platform
How did the Treasury Committee of Kazakhstan address the drawbacks of the BASK-M software solution?
By implementing a new and more advanced treasury system
What was the primary aim of the Integrated Information System for Public Finance Management (IISPFM)?
To enhance transparency, efficiency, and accountability in managing government finances
What was the role of the General Ledger software in the early development stage?
It was used for financial accounting
What was the main disadvantage of the used software solutions in the context of financial management demands?
They could not provide the required and adequate technological basis of the treasury system
Which of the following features was NOT supported by the BASK-M software solution?
Advanced communication platform
What was the role of the Treasury Committee in improving the treasury system in Kazakhstan?
It implemented the Integrated Information System for Public Finance Management
Which terms best describe the significance of the new treasury system implemented by the Treasury Committee?
Innovation, integration, and efficiency
Test your knowledge on the technological evolution of treasury systems, including the software tools like BASK-M and General Ledger used in early stages and the drawbacks they presented. Learn about the challenges faced and the need for upgrading financial management technology.
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