What are the 2 parts of Congress?

What are the 2 parts of Congress?

Established by Article I of the Constitution, the Legislative Branch consists of the House of Representatives and the Senate, which together form the United States Congress.

What is the legislative branch of Congress?

The legislative branch is made up of the House and Senate, known collectively as the Congress. Among other powers, the legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing and spending policies.

What are the two main functions of the legislative branch?

Legislative—Makes laws (Congress, comprised of the House of Representatives and Senate) Executive—Carries out laws (president, vice president, Cabinet, most federal agencies) Judicial—Evaluates laws (Supreme Court and other courts)

Which two parts belong to the same branch of government?

They are the Executive, (President and about 5,000,000 workers) Legislative (Senate and House of Representatives) and Judicial (Supreme Court and lower Courts). The President of the United States administers the Executive Branch of our government.

Which is the first branch of the government?

Executive branch

What are the different types of branches?

Branches can be classified into two types.

• Dependent Branches.
• Independent Branch.
• Fixed Assets.
• Fixed Liabilities.
• Transfer of Goods.
• Current Assets and Liabilities.
• Remittances.
• Revenue Items.

What is the function of the branches?

The Legislative Branch to make the laws. Congress is made up of two houses, the Senate and the House of Representatives. The Executive Branch to enforce the laws. The Judicial Branch to interpret the laws.

What is the 8 branches of accounting?

In this article, we’ll cover:

• Financial Accounting.
• Cost Accounting.
• Auditing.
• Managerial Accounting.
• Accounting Information Systems.
• Tax Accounting.
• Forensic Accounting.
• Fiduciary Accounting.

What are the six branches of accounting?

Branches of Accounting:

• Financial Accounting.
• Management Accounting.
• Cost Accounting.
• Tax Accounting.
• Auditing.
• Forensic Accounting.
• Fiduciary Accounting.
• Fund Accounting.

What are the two main branches of accounting?

There are following three main branches of accounting: (1) Bookkeeping. (2) Financial accounting. (3) Managerial accounting.

What is the best branch of accounting?

Financial accounting and audit would be better option. You can go in financial analyst job role, you can go audit profile as well and similiarly companies prefer financial accounting candidate for their account department. Tax accounting and Financial Accounting (Auditing) is the best branch as per me.

What are the two types of accounting?

The two main accounting methods are cash accounting and accrual accounting. Cash accounting records revenues and expenses when they are received and paid. Accrual accounting records revenues and expenses when they occur.

What are the major types of accounting?

At a glance: The different types of accounting

• Financial accounting.
• Governmental accounting.
• Public accounting.
• Cost accounting.
• Forensic accounting.
• Management accounting.
• Tax accounting.
• Auditing.

How many types of accounting methods are there?

Officially, there are two types of accounting methods, which dictate how the company’s transactions are recorded in the company’s financial books: cash-basis accounting and accrual accounting. The key difference between the two types is how the company records cash coming into and going out of the business.