Session 7 Q&A

Family food packs and other non-food supplies for distribution to individuals affected by various calamities should be recognized under:

• Food Supplies for Distribution

• Food Supplies Inventory

• Merchandise Inventory

• Welfare Goods for Distribution

Due to BIR, Due to GSIS, Due to Pag IBIG and Due to PhilHealth are all General Ledger Accounts under the Intra-Agency Payables major account group.

• True

• False

_____ Surplus/(Deficit) represents the cumulative results of normal and continuous operations of an agency including prior period effects of changes in accounting policy and errors, and other capital adjustments

• Accumulation

• Accumulative

• Accumulating

• Accumulated

This account is credited to recognize the fees collected for issuance of

licenses, such as professional licenses, drivers’ licenses (professional,

non-professional and student permit), conductors’ license, firearms

license and the like.

• Licensing Fees

• Registration Fees

• Permit Fees

• Clearance and Certification Fees

This account is credited to recognize the fees collected for registration of

property, deeds, individuals and associations.

• Permit Fees

• Registration Fees

• Inspection Fees

• Clearance and Certification Fees

Salaries and Wages-Regular is the account used to recognize the pay proper for services rendered by government employees occupying irregular plantilla positions.

• True

• False

This account is debited to recognize cost of subscriptions to video conferencing applications such as Zoom and Google Meet

• Cable, Satellite, Telegraph and Radio Expenses

• Internet Subscription Expenses

• Postage and Courier Expenses

• Subscription Expenses

Food expenses incurred for the official meetings attended by personnel from various Units/Divisions within the agency shall be recognized under:

• Representation Expenses

• Training Expenses

• Extraordinary and Miscellaneous Expenses

• Other Maintenance and Operating Expenses

Cost of purchased bond papers, pens, inks, paper clips, binder clips, staple wires, staple wire removers, rulers, ring binders and the like shall be recognized under:

• Semi-Expendable Machinery and Equipment

• Office Supplies Expenses

• Other Supplies and Materials Expenses

• Training Expenses

Airplane ticket purchased for DSWD FO VII employee (SG-15) who attended an official function at the DSWD Central Office Manila shall be recognized under:

• Transportation Allowance

• Training Expenses

• Traveling Expenses-Local

• Transportation and Delivery Expenses