The Auditor General Does Which of the Following

question 76

Multiple Choice

The auditor general does which of the following?

• A) employs accountants who examine public-sectoring spending
• B) reports to the legislature, not the government
• C) issues reports that offers recommendations for improving the management of public funds
• D) All of the above

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Definitions:

Cash Balance

The amount of cash held by a business at any point in time, reflecting its immediate liquidity position.

Ratio

A ratio is a quantitative relationship between two numbers, showing how many times the first number contains the second or how the two numbers compare.

Bank Reconciliation

The method of aligning the figures in a company's bookkeeping records for a cash account with the equivalent data on a bank statement.

NSF Check

Non-Sufficient Funds Check, a bank check that cannot be honored because the account on which it is drawn does not have enough funds.