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exchequer
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What is the head of an accounting department called?
Chief accountant
What is the expenditure cycle?
The expenditure cycle is a sequence of processes that occur for a business to go from saying "I need this in order to make whatever it is our company makes" to paying for what they needed. This process can and does differ among entities depending on the size and complexity of the organization. For a large organization with great internal control the process usually starts with a purchase requisition. Accounting department matches the documents that they have. These are the purchase order (what we ordered), the receiving report (what we got), and the invoice from the supplier (what we are now being billed for). If these amounts match then the accounting department records a payable and also increases inventory. Once all of the documents in the preceding paragraph are matched and made sense of the accounting department approves the invoice for payment. They would send a packet including all those documents (called a voucher packet) to the treasury department to write the check. The treasury department will then write the check and sign it. They then cancel all the supporting documentation by stamping it paid. These voucher packets are sent back to the accounting department for posting of the payment. Which would be a debit to the account payable and a credit to cash.
Duties and responsibilities of accounting department?
The accounting department is responsible for analyzing and tracking numbers. Their accuracy is a significant factor to whether the business will succeed or not.
Which department in a company is responsible for payroll accounting?
The accounting department is responsible for payroll accounting in a company. They crunch all the numbers and do all the work to calculate how much money should be given to workers.
Is a commonly used method for accounting for the purchase and resale of treasury stock is the derivative method?
no
What Conrad is part of any the Treasury team?
Karen L. Conrad is the Accounting and Processing Manager for the United States Treasury Department. For more information on the United States Treasury Department, go online to their website.
What executive department is responsible for producing currency borrowing money and managing public debt?
The Department Of Treasury
What is budget and accounting act of 1921?
The Budget and AccountingAct was passed in 1921, creating the Bureau of the Budget, and housed it within the Department of Treasury.
What is the head of an accounting department called?
Chief accountant
Who runs the department treasury?
The Secretary of Treasury is in charge of the US Treasury Department.
What are the agencies in the Department of Treasury?
The Secret Service is part of the Department of Treasury.
What are the three oldest executive departments?
Defense (once called War), Treasury, and State were the original 3 departments of the US Cabinet, along with the Attorney General. Washington's cabinet only had 4 people, but as the government's expanded, we have more departments.
When was Treasury Solicitor's Department created?
Treasury Solicitor's Department was created in 1876.
When was the US Treasury Department established?
United States Department of the Treasury federal executive department established in 1789.
Is the US Department of treasury a government owned company?
The US Treasury Department is an executive department of the federal government.
What is the budget and accounting act of 1921?
The Budget and AccountingAct was passed in 1921, creating the Bureau of the Budget, and housed it within the Department of Treasury.
What are president defending agents called?
Secret Service agents. They are employees of the Treasury Department.
