BFM LARGE Activity 3

The cash advance for payroll shall be equal to the ________ of the payroll for a pay period

• Gross Amount

• Net Amount

• Book Value

• Depreciation Amount

Payment shall be made directly to the named official and employee except when there is an authority to collect the claim due given to another person under a power of attorney or other forms of authority

• False

• True

The cash advance for payroll shall be liquidated within ____ after the end of the pay period. Any unexpended cash and/or unreleased salaries/allowances shall be returned and an OR shall be issued.

• Five days

• Thirty Days

• Sixty Days

• Ten Days

For subsequent cash advances, the DV shall be supported with a certification from the _______ that previous cash advances have been liquidated and accounted for in the books.

• Municipal Treasurer

• Municipal Mayor

• Municipal Accountant

• Munciipal Budget Officer

Attendance to ____ monthly regular session shall be the basis in the granting of honoraria of barangay officials

• one

• two

• three

• four

Changes in the annual budget shall be made through a/an ____

• resolution

• ordinance

• erasure

• annual budget

In drawing a cash advance for honoraria, a payroll containing the names of the officials and their corresponding net amounts shall suffice.

• True

• False

The following is entitled to leave privileges, except:

• Punong Barangay

• Sangguniang Barangay Member

• Barangay Tanod

• Barangay Secretary

The cumulation of leave credits of the punong barangay and the barangay kagawad shall be based on their actual attendance in regular sessions of the sangguniang barangay.

• True

• False

Leave credits shall be cumulated up to more than one year and shall be commuted yearly

• True

• False