This government agency receives and keeps national fund, manages and controls the disbursements thereof and maintains accounts of financial transactions of all national government offices, agencies and instrumentalities.

Group of answer choices

Department of Finance Bureau of Treasury

Department of Budget and Management

Commission on Audit

Department of Finance Bureau of the Treasury

Which is not charged with the government accounting responsibility?

Group of answer choices

National Government Agencies

Commission on Audit

Legislative department

Department of Budget and Management

As specifically provided for in the New Constitution, no money shall be paid out of the National Treasury EXCEPT in the pursuance of:

Group of answer choices

Fund

Program

Appropriation

Budget

Which of the following is NOT considered as mode of disbursements

Group of answer choices

Checks

Indirect payment method

Advice to debit the account

Tax remittance advice

This approach restructures an agencys budget to group all recurring activities as well as projects under appropriate programs or key strategies replacing the alignment by MFO. Activities and Projects that contribute to the same outcome are part of the same Program

Group of answer choices

Program Expenditure Classification (PREXC)

Program Convergence

Two-Tier Budgeting

Performance-Informed Budgeting