The classification of transaction in Government Accounts shall have closer reference to(a) Function/Programme/Activity (b) Department/Ministry(c) Capital and Revenue (d) Charged and Voted Answer Answer: A The classification of transaction in Government Accounts shall have closer reference to function/programme/activity of the Government has been mentioned in(a) Rule 10 of GFR, 2005 (b) Rule 29 of R& … Read more
MULTIPLE CHOICE QUESTIONS FOR CPWD AND FOREST ACCOUNT FOR PC 16 SAS SUBORDINATE AUDIT SERVICES. Part of cash includes(i) Legal tender coin (ii) Legal tender notes(iii) Cheque/draft towards departmental dues (iv) Deposit at call receipt of SchBank(v) Rs. 1 Revenue Stamp (vi) Rs. 5 Revenue stamp(a) i, ii,, iii (b) i, ii, iii, iv(c) All … Read more
For purpose of financial control, the grants allotted to each major head of accounts is divided into(a) Financial unit (b) Primary unit(c) Objective Unit (d) Detailed unit Answer Answer: B Government accounts are kept in three parts. Pick the incorrect one(a) Consolidated Fund of India (b) Contingency Fund of India(c) Public Account (d) Emergency Fund … Read more
The annual Finance Accounts and Appropriation Accounts (FA&AA) are prepared by the respective Accountants General in the states and Union Territories with legislatures with the exception of(I) Goa (II) Delhi (III) Puducherry (IV) Daman & DiuFind the correct ones-A. I & II B. II & IV C. I, II & III D. All The audit … Read more
The distinguishing factor between fraud and error is-A. MisinterpretationB. IntentionC. Involvement of various partiesD. Degree of benefit Fraud depending upon involvement of members may be-A. management fraudB. employee fraudC. either of the aboveD. None of the above The advantage/benefit due to fraud to an individual or a group of individuals will be-A. tangibleB. notionalC. presumptiveD. … Read more