ACC 418 NOUN TMA Past Questions & Answers 2019

1. Question
The accounting officer who ensures strict compliance with the provisions of the Financial Memoranda is………
Answer
The chairmen of local governments

2. Question
The total cash receipts and payments are transmitted to the treasury by the means of ……..
Answer
Transcript

3. Question
To prevent fraud in the process of cash management, the cash office should ensure that …. except
Answer
Police should always help in counting the money

4. Question
To control against the insertion of ghost workers in the payrolls, one of these documents is maintained.
Answer
Group register

5. Question
In government Accounting, when fraudulent payment or overpayment is made and discovered in the current financial year,
Answer
Cr Relevant Sub-head A/C

6. Question
When one ministry rendered services to another ministry ……... vouchers should be used.
Answer
Adjustment vouchers

7. Question
The vouchers that are to prepared whenever disbursements are to be made are called…….
Answer
Payment Vouchers

8. Question
Funds that are received from non-financial institutions are called…..
Answer
External Grants

9. Question
All refunds made by the government for the services rendered to any of its arm is classified as...
Answer
Reimbursements

10. Question
All funds received on behalf of the government are kept in .....
Answer
The Consolidated Revenue Fund

11. Question
The officer who monitors government expenditure and ensures that there is no extra-budgetary spending is…
Answer
Officer Controlling Expenditure

12. Question
The officer who is responsible to receive, keep, and pay public money is ……
Answer
Sub-Treasurer

13. Question
The person who controls human, material and financial resources of government is known as
Answer
Accounting officer

14. Question
Governmental funds use ………….
Answer
modified accrual basis of accounting

15. Question
An account in government that is a self-balancing set of accounts is called……
Answer
Fund basis accounting

16. Question
The legal basis of government accounting excludes one of these:
Answer
Cash basis

17. Question
One of the bases of government accounting that is not easily understood by people managing it is
Answer
The accrual basis

18. Question
The claim that helps the user of government accounting to assess and analyze the performance of the government is……
Answer
Accounting Period Concept

19. Question
An accountant looks at the negative side of things and not the positive side is hinged upon which law?
Answer
Conservatism

20. Question
The hypothesis upon which financial statements are prepared is called
Answer
Accounting Concepts
 
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