Government Fund Accounting
We have all had questions on Government Fund Accounting before. Below are the top questions posed by visitors just like you to our. We hope our answers located below will help you solve your funding problems today. Feel free to ask another question, or even comment on what has been written.
There has been a lot of debate recently regarding Government Fund Accounting, and it is therefore critical for you, the reader, to grab all of the information that is out there on the vast topic of funding. Your funding can have a huge impact on your future, so don’t procrastinate any longer. Read up on Government Fund Accounting today!
Benjamin Said:
Child trust fund account run by the government. Does anyone understand it well? what is a secure a/c?We Answered:
The UK government has a website that tells you all about child trust fund accounts. A secure account is a savings account--in other words, one that does not invest in shares. Here is the link:http://www.childtrustfund.gov.uk/
Lawrence Said:
Which allows me to pay less tax - cash in checking account vs. mutual fund?We Answered:
OK lets assume that you get no (or negligible) interest on your checking account. Would you prefer to have 75% of something (mutual fund) or 100% of nothing (checking account)?Never let the "tax tail" wag the "commercial dog."
Oscar Said:
what it means by Consolidated Fund, Contingency Fund, in government accounting?We Answered:
Very easy. Dont keep. Even if kept, or not kept, who cares. It is public money. Every one can lick it easily.. We have the right to make rule to increase our own salaries and perks you know1 With impunityDont report this answer. If you do, it will be a sad day that a true picture is being distorted
Kristen Said:
HB3200 page 58 to 59 say government can tranfer funds from out bank accounts?We Answered:
Yes, but that bill did not get passed. H.R. 3962 is the health care bill that got passed in the House of Representatives.Francisco Said:
what is "Contingency fund" in the context of government accounting?We Answered:
Reserved funds. in the event of contingency.