Budget 2

Budget 2

Professional Development

10 Qs

quiz-placeholder

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Budget 2

Budget 2

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Joseph Pajila

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The duly approved annual budget and any supplemental budget, commitments

and payments shall be recorded and monitored

Registry of Balances

Commitments, Payables and Budget

Registry of Budget,

Cash, Payments and Balances

Registry of Budget,

Commitments, Payments and Balances

Registry of Balances

Commitments, Payments and Budget

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Funds received for specific purpose shall be covered by an __________. It

shall be recorded and monitored in the __________________

SK Ordinance,

Registry of Specific Purpose Fund,

Commitments, Payments and Balances

SK Resolution,

Registry of Specific Purpose Fund,

Commitments, Payments and Balances

SK Ordinance,

Registry of Budget,

Commitments, Payments and Balances

SK Resolution, Registry of Budget,

Commitments, Payments and Balances

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payments sourced from SK funds shall in no case exceed the approved budget

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unexpended Budget/Balance for Capital Outlay (CO) shall be reverted/returned to the General Fund when it was not spent for the year it was budgeted

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The RBCPB and RSPFCPB are prepared by the ____________ per PPA and per allotments class

Sk Chairperson

SK Treasurer

Budget Monitoring Officer

SK Secretary

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The charges to and balances of the approved budget shall be reported by the

BMO to the SK on a ________ basis through the Summary of Budget,

Commitments, Payments and Balances (SBCPB)

daily

monthly

quarterly

annually

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________________ shall be

prepared by the BMO annually and approved by the SK Chairperson to be

submitted to the SK, SB and COA Auditor concerned within 60 days after the

end of each year

Registry of Specific Purpose Fund,

Commitments, Payments and Balances (RSPFCPB)

Registry of Budget,

Commitments, Payments and Balances (RBCPB)

Summary of Budget,

Commitments, Payments and Balances (SBCPB)

Statement of Comparison of Budget and Actual Amounts (SCBAA)

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