MINI QUIZ

What is the Title of the Webinar?

• Internal Controls on Property Management and Disposal

• Internal Property Management and Disposal Control

• Internal Audit Controls on Property Management and Disposal

• Internal Controls on Property and Supply Management and Disposal

Functional description refers to the manner that the goods are required to perform the functions expected of them.

• True

• False

Only Philippine Standard shall be considered in setting the technical specification of goods.

• True

• False

______ percentage shall be added on top of the price for a purchase order taken from a year ago.

• 15%

• 20%

• 10%

• 5%

Liquidated damages is equivalent to 1/10th of 1% of the cost of the goods for every day of delay.

• True

• False

The procuring entity shall at all times not accept if there is a discrepancy in specifications of the delivered items.

• True

• False

Following are the alternative procurement methods except:

• direct contracting

• limited source bidding

• competitive bidding

• negotiated procurement

Physical stock-taking is a dispensable procedure for checking the integrity of property custodianship.

• True

• False

Following are the implications of unutilized PPE except

• Waste of public resources

• missed revenue opportunities

• Accountability and Transparency

• None of the above

What form is used to report request for repair of ICT equipment?

• Job Request form

• Requisition and issuance slip

• Purchase Request

• Request for Repair of facilities