Topic: Accounting for Government/NGO

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8 This is a process in budget preparation that requires systematic consideration of all programs, projects and activities with the use of defined ranking procedures, and does not accept the prior's year budget as a starting point for analysis a Zero-based budgeting c Performane budgeting Balanced budgeting d Special budgeting 9 A covering letter in transmitting an agency's accounting reports to CoA, DBM and other agencies. a Pre-closing trial balance c Statement of management responsibility b Post-closing trial balance d Notes to the FS 10 It is the allotment release by Local Government Units (LGUs) or Department of Budget and Management to barangays a Internal Revenue Allotment (IRA) C Income from grants and donations b Barangay Social Fund d Subsidy - LGU 11-16 Give the SIX (6) REGULAR AGENCY BOOKS 11 12 13 14 15 16 17-20 Give the FOUR (4) NATIONAL GOVERNMENT BOOKS 17 18 19 20