Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

What are Responsibility, Accountability and Liability? What is a National Budget and its components? What is the largest chunk of 2021 national budget of the

  1. What are Responsibility, Accountability and Liability?
  2. What is a National Budget and its components? What is the largest chunk of 2021 national budget of the Philippines for 2021 concerning disbursements?
  3. 3. Explain briefly why does the govt pours in so much funds to the largest chunk of expenditure mentioned in no.2?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

1 Responsibility Accountability and Liability Responsibility Responsibility refers to the duty or obligation to perform a specific task or role It involves being reliable and accountable for ones acti... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance Services A Systematic Approach

Authors: William Messier, Steven Glover, Douglas Prawitt

9th edition

1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343

More Books

Students also viewed these Accounting questions