Recap Disbursements Session 5

Constitute all cash paid out during a given period in cash or by check. It may also mean settlement of government payables by cash or check. It shall be covered by duly approved Disbursement Voucher (DV)

• Payments

• Disbursements

• Cash Outflow

• Wala ko naminaw

SK Funds shall be utilized solely for:

• Personal Needs of the Selected Barangay Constituents

• Any Needs of the SK Officials and Employees

• Youth Empowerment and Development

• None of the Above

SK Funds shall be utilized in accordance with the unapproved

• LGU Budget

• Barangay Budget

• SK Budget

• None of the above

Answer explanation

APPROVED BUDGET OF THE SK

All claims out of the SK funds shall be made through _________ duly certified/approved by the SK Officials with the relevant supporting documents

• Checks

• Cash

• Disbursement Vouchers

• Fund Transfer

Disbursements shall be made by issuing _____ drawn against the current account in the name of the SK with the SK chairperson and SK treasurer as the official signatories”.

• Promissory Note

• SK Chairmans Certificate

• Checks

• Nothing

All checks issued shall be recorded in the _________ including the cancelled ones.

• Registry of Cash in Bank and Other Non Financial Transaction (RCB)

• Registry of Checks and Other Related Financial Transaction (RCB)

• Registry of Cash in Bank and Other Related Money Transaction (RCB)

• Registry of Cash in Bank and Other Related Financial Transaction (RCB)

There are two types of cash advance (select all that applies)

• Cash Advance for Personal Travel

• Cash Advance for Non Specific Purpose

• Cash Advance for Travel

• Cash advance for Specific Purpose

Cash Advances shall be liquidated through ________.

• Liquidation Report

• Submission of Supporting Documents Only

• Not Sure

• Wala ko Kabalo

Cash advance for specific purpose shall be liquidated ___________.

• 
  as soon as possible

• as soon as the purpose has been served

• as soon as the accountable officer remembers

• as soon as the Notice of Disallowance from COA has been issued

Select the 'form' or 'register' that do not apply to the SK

• Logbook of Checks Issued (LCI)

• Certification of Expenses Not Requiring Receipts (CENRR)

• Register of Checks and Other Related Financial Transaction (RCB)

• Subsidiary Ledger for Cash Advances (SLCA)