
PF Lesson 2
Quiz
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Others
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KG
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Practice Problem
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Easy
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37 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
It is sometimes used to refer an appropriation which is a legislative authorization to spend or an allotment which is an authorization by the Department of Budget and Management (DBM) to obligate.
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Answer explanation
Fund
2.
OPEN ENDED QUESTION
3 mins • 1 pt
actual cash available
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Answer explanation
Fund
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What article?
"No money shall be paid by the Treasury except in pursuance of an appropriation made by law."
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Answer explanation
Art. VI, Sec. 29.
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Art. VI, Sec. 29. states that
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OFF
Answer explanation
"No money shall be paid by the Treasury except in pursuance of an appropriation made by law."
5.
OPEN ENDED QUESTION
3 mins • 1 pt
also establishes the need for all government entities to undergo the budgeting process to secure funds for use In carrying out their mandated funtions, programs and activities .
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Answer explanation
"Art. VI, Sec. 29. No money shall be paid by the Treasury except in pursuance of an appropriation made by law."
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What basis law governs the use of government funds?
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Answer explanation
"Art. VI, Sec. 29. No money shall be paid by the Treasury except in pursuance of an appropriation made by law."
7.
OPEN ENDED QUESTION
3 mins • 1 pt
President signs the General Appropriation Bill into law or what is known as the General Appropriations Act (GAA).
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