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true or false 1. All government offices, agencies, subdivision and instrumentality, including the government business enterprise, are governed by Philippine Public Sector Accounting Standard. Your

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true or false

1. All government offices, agencies, subdivision and instrumentality, "including the government business enterprise", are governed by Philippine Public Sector Accounting Standard. Your answer 2. The Government Accounting Manual (GAM) is divided into "four volumes". Your answer 3. Volume III of the GAM pertains to "Revised Chart of Accounts". Your answer mandated by the "legislative act of the Congress". Your answer 5. The "Department of Budget and Management" has the exclusive authority, subject to the limitations in this Article, to define the scope of its audit and examination, establish the techniques and methods required therefor, and promulgate accounting and auditing rules and regulations, including those for the prevention and disallowance of irregular, unnecessary, excessive, extravagant, or unconscionable expenditures, or uses of government funds and properties. * Your answer * * 4. Accounting Responsibility 1 point of the national government is * 1 point * 1 point 1 point 1 point

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