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The General Accounting Office (GAO)

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13y ago
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Q: What is the name of the agency that reviews the spending activities of federal agencies and recommends ways to improve the government's financial performance?
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What is the role of the general accounting office?

The General Accounting Office (GAO) is the investigative arm of congress in Financial issues. It reviews the spending activities of Federal agencies, studies Federal programs, and it recommends ways to improve the financial performance of the government.


Describe the role of the general accounting office?

The General Accounting Office (GAO) is the investigative arm of congress in Financial issues. It reviews the spending activities of Federal agencies, studies Federal programs, and it recommends ways to improve the financial performance of the government.


Factors affecting financial performance?

There are many factors are affecting our financial performance. One of the most important factor is global political issue. Global political issue effect our financial activities such as banking, business, corporate business, multinational business etc. Even it is also effecting our employment.


Ratio in isolation provide into the financial performance and financial position?

rations in isolation reveal little about financial position and financial performance of business.


Accounting's key goal is to?

a. Provide reliable information that is useful in allocating resources and assessing performance. b. to handle the financial activities of a company or an individual


What is the non financial activities?

I think no-financial activities are those activities that you participate in as volunteer or those you dont get paid .


For which expense do state governments provide financial help to their local governments?

Education and public schools


In what case does state governments provide financial help to their local governments?

Education and public schools


What is balanced mis?

From management point of view the balanced MIS is an approach to performance measurement that combines traditional financial measures with non-financial measures to provide managers with richer and more relevant information about activities they are managing.


What financial and non financial measures are important to the business?

CEO performance


Explain relationship between financial and non-financial performance indicators in achieving corporate governance compliance?

relationship between financial and non-financial performance indicators in achieving corporate governance compliance.


What are tertiary activities?

Tertiary activities are ones such as banking and financial services.