SK Receipts/Collections and Deposits

Who is the Collecting Officer?

• SK Secretary

• SK Chairperson

• BMO

• SK Treasurer

Where travel time to the GOB/AGDB is more than one day, deposits shall be made at least once a week or as soon as the collections reach ₱_________.

• 500.00

• 15,000.00

• 5,000.00

• 10,000.00

______ is used in the recording and monitoring of receipts/ collections and deposits of SK funds.

• Registry of Budget, Commitments, Payments and Balances (RBCPB)

• Register of Cash in Bank and Other Related Financial Transactions (RCB)

• Statement of Receipts and Payments (SRP).

• Register of Cash Receipts, Deposits and Other Related Financial Transactions

  (RCRD)

Issuance of a provisional receipt is allowed. (TRUE/FALSE)

• TRUE

• FALSE

As defined in the handbook, Receipts/Collections constitute all collections during a given period either ________________________.

• in cash and/or direct deposit to the SK bank account

• in cash, in check and/or direct deposit to the SK bank account

• in check and/or direct deposit to the SK bank account

• in cash and/or in check

Issuance of an Official Receipt is not required upon transfer of the 10% Share of the SK to its separate bank account.

• TRUE

• FALSE

______ is used in the recording and monitoring of deposits and withdrawals/payments from the current account.

• Register of Cash in Bank and Other Related Financial Transactions (RCB)

• Registry of Budget, Commitments, Payments and Balances (RBCPB)

• Statement of Receipts and Payments (SRP).

• Register of Cash Receipts, Deposits and Other Related Financial Transactions

  (RCRD)

The ____________________ shall comply with the bonding requirements prescribed in Section 305 (f) of RA No. 7160, Bureau of the Treasury (BTr) Treasury Circular No. 02-2009 dated August 6, 2009 and DILG Memorandum Circular No. 99-186 dated October 11, 1999.

• SK Treasurer and SK Secretary

• SK Treasurer and Punong Barangay

• SK Treasurer and BMO

• SK Chairperson and SK Treasurer

The Original Copy (White Copy) of the CANCELLED Official Receipt is not required for submission to the Auditor.

• TRUE

• FALSE

It is strongly encouraged for the SK to open and maintain a depository account in a bank other than the bank and branch of its barangay. (TRUE/FALSE)

• True

• False