Government finance accounting status refers to the accounting basis for reporting central government financial data.  For many countries’ government finance data, have been consolidated into one set of accounts capturing all the central government’s fiscal activities and following noncash recording basis.  Budgetary central government accounts do not necessarily include all central government units, the picture they provide of central government activities is usually incomplete.
Central government accounting status
Government finance accounting status refers to the accounting basis for reporting central government financial data.  For many countries’ government finance data, have been consolidated into one set of accounts capturing all the central government’s fiscal activities and following noncash recording basis.  Budgetary central government accounts do not necessarily include all central government units, the picture they provide of central government activities is usually incomplete.
1 Point. Consolidated central government accounting follows noncash recording basis. 0.5 Points. Consolidated central government accounting follows cash recording basis. 0 Points. Otherwise
Government finance accounting status refers to the accounting basis for reporting central government financial data.