WorksheetsGovernment Budget
Total questions: 10
Worksheet time: 4mins
In this phase, the DBM monitors the efficiency of fund utilization, assess agency performance, and provides vital basis for reforms and new policies.
Budget Accountability
Budget Preparation
Budget Authorization/Legislation
Budget Execution and Control
This phase starts with a budget call and ends with president's submission of the proposed budget to Congress.
Budget Execution and Control
Accountability
Budget Preparation
Budget Authoriation or Legislation
In this process, the departments and agencies are tasked to partner with civil society organizations as they prepare their budget proposals.
Veto Message
Stakeholder Engagement
House Deliberation
Bicameral Deliberation
What will happen if the General Appropriations Act is not enacted before the start of the new fiscal year?
The release of the budget will be delayed.
The previous year's GAA is automatically reenacted.
The president will solely decide for the allocation of the budget.
It will be approved in parts and not as a whole.
Who issues the guidelines on the release and utilization of funds?
Senate
House of Representatives
Office of the President
Department of Budget and Management
It is the final step of the budget execution phase.
Disbursement
Cash Allocation
Incurring Obligations
Allotment Release
How often must Budget Accountability Reports be submitted?
Annually
Semestral
Monthly and Quarterly
Monthly and Annually
This recognizes and rewards good performance among government employees to help improve the efficiency of service across all government institutions.
Credit System
Performance-Based Incentives
Leave Credits
Output-Based Allowances
It is the legislative authorization that contains the new appropriations in terms of specific amounts for salaries, wages and other personnel benefits; maintenance and other operating expenses; and capital outlays authorized to be spent for the implementation of various programs/projects and activities of all departments, bureaus and offices of the government for a given year.
General Appropriations Reform
General Appropriations Report
General Appropriations Summary
General Appropriations Act
Which of the following is not part of the Philippine Budgetting Phases?
Budget Preparation
Accountability
Budget Realignment
Budget Execution
