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WorksheetsSK Budget: RECAP
Total questions: 10
Worksheet time: 5mins
____________________ is an additonal budget approved by the SK to augment the original budget if the SK funds allow.
Approved Budget
Annual Budget
Supplemental Budget
Final Budget
The 10% share of the SK from the monthly Internal Revenue Allotment (IRA) of the Barangay shall be released to the SK not later than _____ working days from the receipt of the IRA.
3
5
10
15
Annual and Supplemental Budget shall be recorded and monitored in the Registry of B_________, C____________, Payments and B_____________.
Balances, Collections, and Balances
Balances, Commitments, and Budget
Budget, Collections, and Balances
Budget, Commitments, and Balances
Funds received for specific purpose shall be recorded and monitored in the __________________.
RSPCPB
RBCPB
RSPFCPB
RCBPB
The RBCPB and RSPFCPB are prepared and maintained by the ______________________ per PPA and per allotment class.
SK Chairperson
SK Treasurer
Barangay Treasurer
Budget Monitoring Officer
The following are the sources of fund of the SK for budgeting purposes, except:
10% of the general fund of the Barangay
Proceeds from fund-raising activities that are in line with CBYDP and ABYIP.
Contributions, monies, and all other resources received with specific purposes
Unexpended balances/budget returned to the general fund of the SK.
Machinery, Office Equipment, and Other Structures are all MOOE accounts.
True
False
PO/Contract or DV (payments not covered by PO/Contract) are the supporting documents in recording the _________________ in the RBCPB and RSPFCPB.
Budget
Commitments
Payments
Balances
Unexpended balance/budget for ________________ shall continue and remain valid until fully spent, reverted, or the project is completed.
MOOE
CO
MOOE & CO
In the preparation of RBCPB for the 2nd Quarter, the TOTAL BUDGET CARRIED FORWARD does not include the amounts already recorded in the budget portion of RBCPB of the 1st Quarter.
True
False
