Session 7.2

Session 7.2

Professional Development

5 Qs

quiz-placeholder

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Session 7.2

Session 7.2

Assessment

Quiz

Other

Professional Development

Practice Problem

Easy

Created by

KC. orner

Used 2+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This statement/report is used to provide additional information about liabilities and some non-cash assets such as receivables, supplies and materials, and property and equipment.

Bank Reconciliation Statement (BRS)

Statement of Comparison of Budget and Actual Amounts (SCBAA)

Notes to Financial Statements (NFS)

Report of Accountability for Accountable Forms (RAAF)

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The Report of Accountability for Accountable Forms (RAAF) should be prepared by:

SK Treasurer

BMO

COA Auditor

SK Chairperson

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In preparation of Bank Reconciliation Statement, the overstatement of recorded checks issued will cause the cash balance to be __________

Overstated

Understated

Neither overstated or understated

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The SK Treasurer shall post the Quarterly Statement of Receipts and Payments in the barangay bulletin board and in at least __________ conspicuous places within the jurisdiction of the barangay, and if possible, include the use of traditional and non-traditional media.

2

3

4

5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Failure on the part of the SK official concerned to submit the documents and reports mentioned herein shall automatically cause:

the suspension of SK official until he/she shall have complied with the requirements of COA

the suspension of the entire SK until they have complied with the requirements of COA

the removal of SK official concerned until he/she have complied with the requirements of COA

the suspension of payment of any amount due them until they have complied with the requirements of COA

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