What is National Tax Allotment
What is EO 138 and its objectives? b.) What is National Tax Allotment (NTA) and give example of its determination in relation to the implementation of the Mandanas-Garcia Supreme Court Ruling? c.) Illustrate how should local government units (LGU,) utilize their NTAs? 2. Enumerate and discuss the following: a.) Define and compare taxes, fees, charges, duties, aids and borrowings. b.) Ten generally accepted accounting principles c.) 3 types of public sector audit d.) The accounts maintained by local government units. Relate to what internal control system is. and it’s rationale.
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