Session 6 Recap Activity October 29 2021

All procurement of supplies and materials of the SK shall be charged against the budget for Capital Outlay (CO).

• True

• False

Answer explanation

_{All procurement of supplies and materials of the SK shall be charged against the budget for MOOE.}

_{All procurement of property and equipment, and construction materials for infrastructure projects implemented by the SK shall be charged against budget for Capital Outlay.}

The SK shall constitute a Bids and Awards Committee

• True

• False

Answer explanation

This is in accordance with GPPB Circular 07-2019 dated July 17, 2019.

All purchases of supplies and materials shall be covered or supported by an approved Purchase Request (PR) and Purchase Order (PO).

• True

• False

Answer explanation

Purchases of supplies and materials shall be limited to three-month requirements pursuant to Annex D of COA Circular No. 2012-003 dated October 29, 2012.

_{(Section 8.1.4 of HFTSK)}

Receipt of purchased S&M/P&E shall be covered by an Inspection and Acceptance Report (IAR) prepared by the SK Treasurer and accomplished by the Inspection and Appraisal Committee

• True

• False

Issue of purchased and donated property and equipment to SK officials shall be covered by an approved Requisition and Issue Slip (RIS) for accountability purposes.

• True

• False

Answer explanation

Issue of purchased and donated property and equipment to SK officials shall be covered by an approved Property Acknowledgement Receipt (PAR) for accountability purposes.

Issue of purchased S&M to constituents shall be covered by an approved Requisition and Issue Slip (RIS).

Accountability for semi-expendable property and property and equipment shall be extinguished only in the following situations:

-Upon return of the item(s) to the SK Treasurer;

Upon, approval of the Request for Relief from Property Accountability (RRPA) in case of loss; and

Upon payment of the lost item based on the fair value at the time of loss and not when the loss was reported, if the RRPA is denied

• True

• False

Answer explanation

Section 8.1.10 of HFTSK.

Construction of property and equipment shall be recorded and monitored in the _______________________________.

• Property and Equipment Card

• Construction in Progress Card (CIPC)

• Stock Card

Answer explanation

Once the construction is completed and the property is accepted, it shall be recorded to the appropriate property and equipment account in PEC and indicated in CIPC.

______________ and Registry of Donated Supplies and Materials (RDSM)

shall be maintained to record/monitor the receipt and issue/loss/transfer/disposal of supplies and materials

• Property and Equipment Card

• Construction in Progress Card

• Stock Card

___________________________ and Registry of Donated Property and Equipment (RDPE) shall be maintained to record the receipt, issue, transfers, losses, and disposals of the property and equipment

• Property and Equipment Card

• Construction in Progress Card (CIPC)

• Stock Card

SK Treasurer is the Supply and Property Officer

• True

• False

Answer explanation

He/she is also responsible for the receipt, custody, issue and disposal of all supplies and materials of the SK.

_{(Section 8.1.1 of HFTSK)}