Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr No. Term Meaning
15 Bin Card
A bin card is also known as bin tag or stock card and is usually hung up or placed in shelf, rack or bin where the material has been
kept. Bin card is a record of receipt and issue of materials Quantity of store received is entered with receipt column and the
quantity of store issued is recorded in the issue column of Bin Card. Balance of quantity of stores is ascertained after every receipt
or issue. It shows the balance of the stock at any moment of time. Bin Card is maintained by the storekeeper. A bin card is also
known as bin tag or stock card and is usually hung up or placed in shelf, rack or bin where the material has been kept.
16 Budget
Under Article 202 of the Constitution, in respect of every Financial year, a statement of the estimated receipts and expenditure of
the state for that year, called ―the annual financial statement‖ or the ―budget‖, is to be laid before the State Legislature. The
estimates of expenditure show ―charged‖ and ―voted‖ items of expenditure separately and distinguish expenditure on revenue
account from other expenditure
17 Budget estimates Detailed estimates of receipts and expenditure of a financial year
18 CAG The Comptroller and Auditor General of India appointed under article 148 of the constitution
19 Capital expenditure
Amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) to increase the
capacity or efficiency of a firm for more than one accounting period
20 Cash Money in the form of coins or banknotes
21 Central Purchase Organization
Such departmental procurement organization, as are declared by the State for centralized procurement of specific goods and
services
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