Financial Statements and other reports

It is a report being prepared by the SK Treasurer monthly that check the correctness of both the bank's and SK's records.

• Statement of Receipts and Payments (SRP)

• Credit Memo (CM)

• Bank Reconciliation Statement (BRS)

• Register of Cash in Bank (RCB)

He / she signs in the "Prepared and Certified Correct by" portion of the SCBAA and forwards the same for approval.

• Budget Monitoring Officer (BMO)

• SK Treasurer

• SK Chairperson

• Sangguniang Barangay (SB)

The Statement of Receipts and Payments must be prepared by the ____ to the SK, SB, and COA Auditor concerned within _____ the end of each year

• Budget Monitoring Officer; 60 days after

• SK Treasurer; 60 days before

• Budget Monitoring Officer; 60 days before

• SK Treasurer; 60 days after

Report on Inventory of Purchased Property and Equipment must be prepared by the ____ to the SK and COA Auditor concerned not ____ of the following year.

• SK Treasurer; earlier than January 31

• SK Treasurer; later than January 31

• Budget Monitoring Officer; later than January 31

• Budget Monitoring Officer; earlier than January 31

The SK Treasurer shall render written financial report of all SK funds and property under his / her custody, and make the report available to the Katipunan ng Kabataan (KK) during the regular KK assembly.

• True

• False