1.

Statement V Talks About Comparison Of Budget To Actual. The Document Clarifies That “the Budget And The Accounting Basis Are Different”. The Cost Classification And Other Related Budgetary Exercise Seems To Be Different To The Actual Record Of Books For Accounting? How Is The Comparison Being Done Today If The Transaction System Record Does Not Align With The Budgeting Process?

Answer»

Statement V OBTAINS data from the COMMITMENT Control Ledger and use of Trees and not the GENERAL Ledger.

Statement V obtains data from the Commitment Control Ledger and use of Trees and not the General Ledger.



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