COA, TSA, RMIS and CGAS Quiz

Government accounting in Nepal is managed by the:

• A) FCGO ✔
• B) NRB
• C) PSC
• D) CIAA

Why: The Financial Comptroller General Office (FCGO) manages government accounting, budget release and treasury.

The current Chart of Accounts is from:

• A) 2063
• B) 2074 ✔
• C) 2081
• D) 2052

Why: The current Chart of Accounts (आर्थिक संकेत तथा वर्गीकरण) is from 2074 BS.

The Chart of Accounts is based on the IMF's:

• A) GFS Manual 2014 ✔
• B) SDG framework
• C) Basel norms
• D) WTO rules

Why: It is based on the IMF's Government Finance Statistics (GFS) Manual 2014, so Nepal's accounts match international standards.

In economic codes, the first digit 1 stands for:

• A) Expenditure
• B) Revenue ✔
• C) Assets
• D) Liabilities

Why: Codes starting with 1 are revenue, such as taxes and fees.

The economic code for salary is:

• A) 11111
• B) 21111 ✔
• C) 31111
• D) 22411

Why: 21111 is the economic code for salary under the expenditure (2) group.

TSA stands for:

• A) Treasury Single Account ✔
• B) Tax Service Agency
• C) Total Savings Account
• D) Treasury Security Act

Why: TSA is Treasury Single Account: all government money is kept and paid from one treasury account system.

Under TSA, payments are made:

• A) In cash by offices
• B) Directly from the treasury to the payee's account ✔
• C) By cheque from many office accounts
• D) Through post

Why: Under TSA, payments go directly from the treasury to the payee's bank account; offices do not hold cash.

RMIS is used mainly for:

• A) Revenue accounting ✔
• B) Recruitment
• C) Elections
• D) Land records

Why: RMIS (Revenue Management Information System) is used for revenue accounting, especially non-tax revenue collected by offices.

CGAS supports payments through:

• A) EFT ✔
• B) Cash only
• C) Barter
• D) Postal orders

Why: CGAS (Computerised Government Accounting System) supports electronic fund transfer (EFT) payments.

SuTRA is used by:

• A) Local levels ✔
• B) Supreme Court
• C) Army
• D) Embassies only

Why: SuTRA is used by local levels for budgeting, accounting and reporting.

SuTRA stands for:

• A) Sub-national Treasury Regulatory Application ✔
• B) Sustainable Treasury Accounting
• C) Sub-unit Tax Return Application
• D) Survey of Treasury Accounts

Why: SuTRA is the Sub-national Treasury Regulatory Application.

Dharauti (धरौटी) is:

• A) Government revenue
• B) Security deposit held until a job is done ✔
• C) Salary
• D) Tax

Why: Dharauti is a security deposit held by an office until a job or contract is completed properly.

Bid security (earnest money) is an example of:

• A) Dharauti ✔
• B) Beruju
• C) Revenue
• D) Advance

Why: Bid security from bidders is held as dharauti and returned or forfeited later.

District-level government accounts are handled by:

• A) कोष तथा लेखा नियन्त्रक कार्यालय ✔
• B) Ward office
• C) District court
• D) Election office

Why: The Treasury and Accounts Controller Office (कोष तथा लेखा नियन्त्रक कार्यालय) handles government accounts in each district.

TSA was first introduced (piloted) in:

• A) 2056
• B) 2066 ✔
• C) 2076
• D) 2081

Why: TSA was first piloted in 2066 BS and later extended to all districts.

In Nepali, FCGO is:

• A) महालेखा नियन्त्रक कार्यालय ✔
• B) महालेखा परीक्षकको कार्यालय
• C) राष्ट्रिय योजना आयोग
• D) लोक सेवा आयोग

Why: FCGO is महालेखा नियन्त्रक कार्यालय.

FCGO works under the:

• A) Ministry of Finance ✔
• B) Ministry of Home Affairs
• C) Ministry of Education
• D) Ministry of Tourism

Why: FCGO works under the Ministry of Finance.

In Nepali, Treasury and Accounts Controller Office is:

• A) कोष तथा लेखा नियन्त्रक कार्यालय ✔
• B) जिल्ला प्रशासन कार्यालय
• C) मालपोत कार्यालय
• D) भन्सार कार्यालय

Why: It is कोष तथा लेखा नियन्त्रक कार्यालय.

In Nepali, Chart of Accounts is called:

• A) खाता सूची / आर्थिक संकेत ✔
• B) बजेट वक्तव्य
• C) बेरुजु लगत
• D) धरौटी खाता

Why: The Chart of Accounts is called खाता सूची or आर्थिक संकेत.

The Chart of Accounts applies to:

• A) All three levels of government ✔
• B) Federal only
• C) Banks only
• D) Private companies only

Why: The Chart of Accounts applies to all three levels: federal, provincial and local.

The purpose of the Chart of Accounts is to:

• A) Record all accounts the same way using codes ✔
• B) Hide spending
• C) Recruit staff
• D) Collect customs

Why: It makes all governments record accounts in the same way using common codes, so they can be compared and combined.

In economic codes, first digit 2 stands for:

• A) Expenditure ✔
• B) Revenue
• C) Assets
• D) Salary only

Why: Codes starting with 2 are expenditure, such as salaries and office costs.

In economic codes, first digit 3 stands for:

• A) Assets, liabilities and financing ✔
• B) Revenue
• C) Expenditure
• D) Salary

Why: Codes starting with 3 are assets, liabilities and financing.

Code 31 relates to:

• A) Non-financial assets / capital spending ✔
• B) Salary
• C) Personal income tax
• D) Fines

Why: Code 31 relates to non-financial assets, i.e. capital spending such as buildings and roads.

Economic codes are mainly how many digits?

• A) 5 ✔
• B) 2
• C) 8
• D) 10

Why: Economic codes are mainly 5 digits, like 21111.

The code 11111 refers to:

• A) Personal income tax ✔
• B) Salary
• C) Capital spending
• D) Deposit

Why: 11111 is personal income tax, under the revenue (1) group.

In Nepali, TSA is:

• A) एकल खाता कोष प्रणाली ✔
• B) बहु खाता प्रणाली
• C) धरौटी प्रणाली
• D) पेश्की प्रणाली

Why: TSA is एकल खाता कोष प्रणाली.

Under TSA, government offices:

• A) Do not hold cash ✔
• B) Keep large cash
• C) Open many bank accounts
• D) Pay only in cash

Why: Under TSA, offices do not hold cash; payments go from the treasury directly.

Which is a benefit of TSA?

• A) Real-time cash information ✔
• B) More idle balances
• C) More misuse
• D) Slower payments

Why: TSA gives real-time information about government cash.

TSA reduces:

• A) Idle balances and misuse ✔
• B) Transparency
• C) Cash information
• D) Payments

Why: TSA reduces idle balances in many bank accounts and the chance of misuse.

TSA rollout to all districts was completed by about:

• A) 2017 ✔
• B) 1990
• C) 2000
• D) 2030

Why: TSA was extended to all districts by about 2017 (2073/74 BS).

RMIS records revenue, especially:

• A) Non-tax revenue collected by offices ✔
• B) Only salaries
• C) Only foreign loans
• D) Only weather data

Why: RMIS records revenue, especially non-tax revenue collected by government offices.

RMIS reporting is done:

• A) Daily ✔
• B) Once in 10 years
• C) Never
• D) Only during elections

Why: Revenue in RMIS is reported daily.

EFT stands for:

• A) Electronic Fund Transfer ✔
• B) Equal Fiscal Tax
• C) Extra Financial Time
• D) External Finance Treaty

Why: EFT is Electronic Fund Transfer.

CGAS replaced:

• A) Separate older software ✔
• B) The Constitution
• C) Banks
• D) The PSC

Why: CGAS replaced separate older accounting software with one integrated system.

Which system do federal offices use for expenditure accounting?

• A) CGAS ✔
• B) SuTRA
• C) ASYCUDA
• D) PIS

Why: Federal offices use CGAS for expenditure accounting.

Budget preparation at local level is done through:

• A) SuTRA ✔
• B) ASYCUDA
• C) PIS
• D) e-GP

Why: Local levels prepare their budgets through SuTRA.

How many local levels use SuTRA?

• A) All 753 ✔
• B) Only 77
• C) Only 7
• D) Only 100

Why: All 753 local levels use SuTRA.

Retention money from contractors is an example of:

• A) Dharauti (deposit) ✔
• B) Revenue
• C) Grant
• D) Salary

Why: Retention money held from contractors' bills is dharauti (deposit).

Is dharauti government revenue?

• A) No, it is held money ✔
• B) Yes, always
• C) Only in Asar
• D) Only for banks

Why: No. Dharauti is money held temporarily; it becomes revenue only if forfeited.

Dharauti is forfeited to revenue when:

• A) Conditions are broken ✔
• B) Work is completed properly
• C) The contractor asks
• D) The weather changes

Why: Dharauti is forfeited when the depositor breaks the conditions, such as not completing the contract.

Deposit accounts use which series of forms?

• A) 600-series ✔
• B) 100-series
• C) 900-series
• D) No forms

Why: Deposit (dharauti) accounts use the 600-series forms.

The Chart of Accounts code system helps to:

• A) Consolidate national accounts ✔
• B) Confuse auditors
• C) Avoid reports
• D) Stop budgets

Why: Common codes make it possible to consolidate (combine) national accounts across all governments.

Which office runs the government accounting system in districts?

• A) Treasury and Accounts Controller Office ✔
• B) Land Revenue Office
• C) Survey Office
• D) Post Office

Why: The Treasury and Accounts Controller Office runs it in each district.

Which system is NOT run by FCGO?

• A) ASYCUDA (customs) ✔
• B) CGAS
• C) RMIS
• D) SuTRA

Why: ASYCUDA is the customs system run by the Department of Customs, not FCGO.

Payments under TSA go directly to:

• A) The payee's bank account ✔
• B) The office cashier's pocket
• C) A cash box
• D) A private account of the chief

Why: Payments go directly to the payee's bank account.

GFS stands for:

• A) Government Finance Statistics ✔
• B) General Fund System
• C) Grant for Society
• D) Global Finance Standard

Why: GFS is Government Finance Statistics, the IMF's standard for government accounts.

The 2074 Chart of Accounts has been:

• A) Amended since ✔
• B) Never changed
• C) Repealed
• D) Replaced by 2028 code

Why: The 2074 Chart of Accounts has been amended since to add and update codes.

Better cash management under TSA means:

• A) Government knows and uses its cash efficiently ✔
• B) More borrowing for no reason
• C) Losing track of money
• D) Paying late

Why: The government knows its cash position and uses its money efficiently.

Non-tax revenue includes:

• A) Fees and fines collected by offices ✔
• B) VAT
• C) Income tax
• D) Customs duty

Why: Non-tax revenue includes fees, charges, fines and penalties collected by offices.