BFM Session 8B

The PB shall act as the Property Officer of the barangay and shall be responsible for the receipt, custody, issuance and physical inventory of barangay property, except for the buildings and other physical structures which shall be under the accountability and responsibility of the BT.

• True

• False

The barangay shall conduct a/an ________ physical inventory of all supplies, property and equipment of the barangay.

• Quarterly

• Annual

• Semi-annual

• Monthly

Issuances of property and equipment to the end users shall be acknowledged through the ___________ which shall be renewed at least every three years or whenever there is a change in custodianship.

• Propriety Acknowledgement Receipt (PAR)

• Requisition and Issue Slip (RIS)

• Inventory Custodian Slip (ICS)

• Property Acknowledgement Receipt (PAR)

Stock Card (SC) shall be maintained to monitor and control procurement and issuance of supplies and materials. It shall be maintained by the ______ for each item of supplies.

• Barangay Secretary

• Municipal Accountant

• Barangay Treasurer

• Punong Barangay

The _______ for supplies with more than 1 year life span shall be maintained until disposal due to wear and tear, and obsolescence.

• Propriety Acknowledgement Receipt (PAR)

• Requisition and Issue Slip (RIS)

• Inventory Custodian Slip (ICS)

• Property Acknowledgement Receipt (PAR)

Receipt of donated supplies and materials shall be acknowledged using the _________.

• Acknowledgement Receipt for Donated Property, Equipment, Supplies and Materials (ARDPESM)

• Acknowledged Receipt for Donated Property, Equipment, Supplies and Materials (ARDPESM)

• Acknowledgement Receipt for Deteriorated Property, Equipment, Supplies and Materials (ARDPESM)

• Acknowledgement Receipt for Donated Property, Equipment, and Supplied Materials (ARDPESM)

At the end of the ______, the BT shall submit a Summary of Supplies and Materials Issued (SSMI) supported by the RIS to the C/M Accountant as basis for recording the expense account.

• Week

• Month

• Semester

• Year