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HFTSK Session 7 Quiz

Authored by Mary Queron

Professional Development

Used 3+ times

HFTSK Session 7 Quiz
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the basis for the preparation of the Summary of Budget, Commitments, Payments and Balances (SBCPB)?

Register of Cash Receipts and Deposits and Other Related Financial Transactions (RCRD)

Register of Cash in Bank and other Related Financial Transaction (RCB)

Registries of Budget, Commitments, Payments and Balances (RBCPB)

Registries of Specific Purpose Fund Commitments, Payments and Balances (RSPFCPB)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

SSPFCPB stands for Summary of Specific __________ Fund, Commitments, Payments and Balances.

Project

Purpose

Plan

Program

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

SBCPB and SSPFCPB shall be prepared in 2 copies. The original copy shall be submitted to the Municipal Accountant while the photocopies shall be submitted to the SK and Sangguniang Barangay.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

SCBAA stands for Statement of Comparison of Budget and Allotment Amounts.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most appropriate basis in preparing the Annual Statement of Receipts and Payments?

The consolidated Register of Cash Receipts, deposits and Other Related Financial Transactions (RCRD)

The consolidated Register of Cash in Bank and other Related Financial Transactions (RCB)

The consolidated Quarterly Statement of Receipts and Payments (QSRP)

The Summary of Budget, Commitments, Payments and Balances (SBCPB)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Bank Reconciliation Statement (BRS) shall be prepared ________ by the SK Treasurer.

Annually

Semi-annually

Quarterly

Monthly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Statement of Comparison of Budget and Actual Amounts (SCBAA) shall be prepared based on the ______________________.

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

Register of Cash Receipts, Deposits and Other Related Financial Transactions (RCRD) and Register of Cash in Bank and Other Related Financial Transactions (RCB)

Registries of Budget, Commitments, Payments and Balances (RBCPB)/Registries of Specific Purpose Fund, Commitments, Payments and Balances (RSPFCPB)

Summary of Budget, Commitments, Payments and Balances (SBCPB), Annual Statement of Receipts and Payments (ASRP), Original and Supplemental Budget

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