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BCLTE > Book 3 > Flashcards

Book 3 Flashcards

1
Q

The following are the general classification of funds except:
 a. Trust Fund
 b. Mutual Fund
 c. Special Fund
 d. General Fund
 e. None of the above

A

b. Mutual Fund

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2
Q

It is defined as a sum of money or other resources set aside for the purpose of carrying out specific
activities or attaining certain objectives in accordance with special regulations, restrictions or
limitations, and constitutes an independent fiscal and accounting entity.
 a. Government Fund
 b. Special Funds
 c. Local Funds
 d. Fund
 e. Trust Fund

A

d. Fund

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3
Q

It consists of monies and resources of the local government which are available for the payment of
expenditures, obligations or purposes not specifically declared by law as accruing and chargeable to, or
payable from, any other fund (Sec. 308, LGC)
 a. Government Fund
 b. Special Funds
 c. Local Funds
 d. Fund
 e. Trust Fund

A

c. Local Funds

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4
Q

The General Fund maintains Special Accounts for the following except:
 a. Development projects funded from the share of the local government unit concerned in the
internal revenue allotment.
 b. Public utilities and other economic enterprises.
 c. Operation and maintenance of public schools.
 d. Other special accounts which may be created by law or ordinance.
 e. Loans, interests, bond issues, and other contributions for specific purposes.

A

d. Other special accounts which may be created by law or ordinance.

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5
Q

It shall consist of private and public monies which have officially come into the possession of the local
government or of a local government official as trustee, agent or administrator, or which have been
received as guaranty for the fulfillment of some obligation.
 a. Trust Funds
 b. Special Funds
 c. Real property tax proceeds
 d. Local Funds
 e. General Funds

A

a. Trust Funds

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6
Q

The Local School Board determines and approves the allocation of proceeds from the applicable tax
on real property for the following purposes except:
 a. Educational research
 b. Construction of a school playground
 c. Operation and maintenance of public schools
 d. Purchase of books and periodicals
 e. Construction and repair of school buildings, facilities and equipment

A

b. Construction of a school playground

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7
Q

The following are some of the fundamental principles governing the utilization of Local Funds except:
 a. Disbursements or disposition of government funds or property shall invariably bear the
approval of the proper officials.
 b. Disbursements or disposition of government funds or property shall invariably bear the
approval of the proper officials.
 c. Fiscal responsibility shall be shared by all those exercising authority over the financial affairs,
transactions, and operations of the local government units.
 d. Claims against government funds shall be supported with complete documentation.
 e. Trust Funds in the local treasury shall be paid out in fulfillment of the purpose for which the
trust was created or the funds received and other allocations as may be determined by the local
government as necessary.

A

e. Trust Funds in the local treasury shall be paid out in fulfillment of the purpose for which the
trust was created or the funds received and other allocations as may be determined by the local
government as necessary.

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8
Q

It refers to an authorization made by ordinance, directing the payment of goods and services from
local government funds under specified conditions or for specific purposes.
 a. Savings
 b. Government resolution
 c. Budget
 d. Appropriation
 e. General Fund

A

d. Appropriation

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9
Q

The following are the general classifications of appropriations except:
 a. Supplemental Appropriation
 b. Treasury Appropriation
 c. Annual Appropriation
 d. Continuing Appropriation
 e. None of the above

A

b. Treasury Appropriation

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10
Q

This refers to an appropriation available to support obligations for a specified purpose or project,
such as those for the construction of physical structures or for the acquisition of real property or
equipment, even when these obligations are incurred beyond the budget year.
 a. Supplemental Appropriation
 b. Treasury Appropriation
 c. Annual Appropriation
 d. Continuing Appropriation
 e. None of the above

A

d. Continuing Appropriation

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11
Q

This is one prepared to adjust the equilibrium of the first approved budget which has been disturbed
by current economic, political or social conditions, or to provide an additional amount to the original
appropriation which proved to be inadequate or insufficient for the particular purpose intended.
 a. Supplemental Appropriation
 b. Treasury Appropriation
 c. Annual Appropriation
 d. Continuing Appropriation
 e. None of the above

A

a. Supplemental Appropriation

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12
Q

This is an appropriation consisting of specified amounts for salaries, wages, and sundry expenses,
etc., authorized by the sanggunian as necessary for the regular operations of the local government unit
during any given year.
 a. Supplemental Appropriation
 b. Treasury Appropriation
 c. Annual Appropriation
 d. Continuing Appropriation
 e. None of the above

A

c. Annual Appropriation

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13
Q

It is based on estimated income and program of expenditures for a given year.
 a. The Local Budget
 b. Allotment
 c. Appropriation
 d. General Fund
 e. Allotment System

A

a. The Local Budget

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14
Q

It is a system of budget control to ensure that obligations incurred will not exceed appropriations
or authorizations made by appropriation ordinance, directing the payment of goods and services from
local government funds under specified conditions or purposes.
 a. The Local Budget
 b. Allotment
 c. Appropriation
 d. General Fund
 e. Allotment System

A

e. Allotment System

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15
Q

It is an authorization issued by the Local Chief Executive to a department/office of the local
government unit, which allows it to incur obligations for specified amounts within its appropriations.
 a. The Local Budget
 b. Allotment
 c. Appropriation
 d. General Fund
 e. Allotment System

A

b. Allotment

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16
Q

This is the yearly overall financial plan of the local government unit equivalent to its approved
appropriation disaggregated into components or categories.
 a. Physical Performance Targets
 b. Local Budget Matrix
 c. Obligation
 d. Cash Program
 e. Allotment

A

b. Local Budget Matrix

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17
Q

This reflects the targeted units of work under each program/activity/project (P/A/P) for each
department/office based on the historical data of peaks and slumps of activities/tasks and the peculiar
requirements of certain P/A/Ps.
 a. Physical Performance Targets
 b. Local Budget Matrix
 c. Obligation
 d. Cash Program
 e. Allotment

A

a. Physical Performance Targets

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18
Q

This must be able to facilitate the management of cash such that it is available when it is needed for
payment of obligations and at the same time optimizes its utilization.
 a. Physical Performance Targets
 b. Local Budget Matrix
 c. Obligation
 d. Cash Program
 e. Allotment

A

d. Cash Program

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19
Q

This refers to the amount committed to be paid by the local government unit for any lawful act
made by an accountable officer for and in behalf of the local government unit concerned.
 a. Physical Performance Targets
 b. Local Budget Matrix
 c. Obligation
 d. Cash Program
 e. Allotment

A

c. Obligation

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20
Q

The Local Budget Matrix classifies budgetary items under the following except:
 a. Unprogrammed Appropriation
 b. Revenue Collection
 c. Not-Needing Clearance
 d. Reserve
 e. Later Release

A

b. Revenue Collection

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21
Q

The following provides for the steps in the obligation process except:
 a. The sanggunian authorizes the preparation of an appropriation consisting of specified amounts
for an obligation in accordance with the Annual Budget.
 b. The Head of the requesting office in the local government unit shall prepare the Obligation
Request and the Disbursement Voucher.
 c. The Local Budget Officer shall certify as to the existence of available appropriation that has
been legally made for the purpose and shall maintain the appropriate Registries of Appropriation,
Allotments and Obligations.
 d. The Local Accountant shall certify the obligation of allotment and completeness of supporting
documents.
 e. None of the above

A

a. The sanggunian authorizes the preparation of an appropriation consisting of specified amounts
for an obligation in accordance with the Annual Budget.

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22
Q

This includes all charges against the fund of the local government unit for current operating
expenditures, capital outlays and provisions for retirement of long term obligations.
 a. Current Operating Expenditures
 b. Unnecessary Expenditures
 c. Irregular Expenditures
 d. Government Expenditures
 e. Capital Outlays

A

d. Government Expenditures

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23
Q

This refers to appropriations for the purchase of goods and services for current consumption or for
benefits expected to terminate within the fiscal year.
 a. Current Operating Expenditures
 b. Unnecessary Expenditures
 c. Irregular Expenditures
 d. Government Expenditures
 e. Capital Outlays

A

a. Current Operating Expenditures

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24
Q

This refers to appropriations for the purchase of goods and services, the benefits of which extend
beyond the fiscal year and which add to the assets of local government unit concerned.
 a. Current Operating Expenditures
 b. Unnecessary Expenditures
 c. Irregular Expenditures
 d. Government Expenditures
 e. Capital Outlays

A

e. Capital Outlays

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25
Q

This signifies that the expenditure incurred does not adhere to established rules, regulations,
procedural guidelines, policies, principles or practices that have gained recognition in law.
 a. Unnecessary Expenditures
 b. Extravagant Expenditures
 c. Excessive Expenditures
 d. Irregular Expenditures
 e. Unconscionable Expenditures

A

d. Irregular Expenditures

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26
Q

This pertains to expenditures which could not pass the test of prudence or the obligation of a good
father of a family, thereby not responsive to the exigencies of the service.
 a. Unnecessary Expenditures
 b. Extravagant Expenditures
 c. Excessive Expenditures
 d. Irregular Expenditures
 e. Unconscionable Expenditures

A

a. Unnecessary Expenditures

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27
Q

It signifies expenses without knowledge or sense of what is right, reasonable and just and not guided
or restrained by conscience.
 a. Unnecessary Expenditures
 b. Extravagant Expenditures
 c. Excessive Expenditures
 d. Irregular Expenditures
 e. Unconscionable Expenditures

A

e. Unconscionable Expenditures

28
Q

This signifies unreasonable expense or expenses incurred at an immoderate quantity or exorbitant
price.
 a. Unnecessary Expenditures
 b. Extravagant Expenditures
 c. Excessive Expenditures
 d. Irregular Expenditures
 e. Unconscionable Expenditures

A

c. Excessive Expenditures

29
Q

This signifies those incurred without restraint, judiciousness and economy. These expenditures
exceed the bounds of propriety and are immoderate, prodigal, lavish, luxurious, wasteful, grossly
excessive, and injudicious.
 a. Unnecessary Expenditures
 b. Extravagant Expenditures
 c. Excessive Expenditures
 d. Irregular Expenditures
 e. Unconscionable Expenditures

A

b. Extravagant Expenditures

30
Q

The following are considered irregular expenditures except:
 a. Office equipment and property without the proper identification or inventory markings.
 b. Reimbursement of expenses incurred by persons other than authorized representatives of the
LGU for attending conferences, meetings and other official functions.
 c. Payment for emergency purchase, where there is no emergency.
 d. Payments made on the basis of split requisitions, purchase orders, vouchers or checks even
with approval by proper authority of the LGU.
 e. Bringing home government motor vehicles after office hours by officials to whom these are
assigned.

A

d. Payments made on the basis of split requisitions, purchase orders, vouchers or checks even
with approval by proper authority of the LGU.

31
Q

The following expenditures are considered unnecessary except:
 a. Grant of overtime pay for work that is not urgent in nature as to require completion within a
specified time or that can be undertaken during regular office hours.
 b. Expenses for advertisement of anniversaries, etc., in newspapers, television or radio merely for
publicity or propaganda purposes.
 c. Use of air conditioners when not needed, or even during the absence of the official in whose
room the air conditioner is installed.
 d. Use of table lamps while working in the office where the room is adequately illuminated from
the ceiling lights.
 e. None of the above.

A

e. None of the above.

32
Q

Excessive Expenditures signify unreasonable expense or expenses incurred at an immoderate
quantity or exorbitant price. The price is excessive if it is more than what percentage of allowable price
variance between than the price for the item bought and the price for the same item per canvass of the
auditor.

A

10

33
Q

To determine if the price is excessive, the following factors may be considered except:
 a. Supply and Demand Forces in the Market
 b. Government Price Quotations
 c. Special Discount for Bulk Orders
 d. Warranty of Products or Special Features
 e. Brand of Products

A

c. Special Discount for Bulk Orders

34
Q

The following expenditures are considered excessive except:
 a. Payment for maintenance of government vehicles and replacement of parts beyond their life
cycle.
 b. Overpricing of purchases characterized by grossly exaggerated or inflated quotations, in excess
of the current and prevailing market price by a 10% variance from the purchased item.
 c. Payment for repair of government equipment at a cost exceeding 30% of the current market
price of the same or similar equipment.
 d. Expenditures for supplies and materials in quantities beyond that required and needed by the
LGU for a determinable period, resulting in overstocking.
 e. None of the above.

A

a. Payment for maintenance of government vehicles and replacement of parts beyond their life
cycle.

35
Q

The following expenditures are considered extravagant except:
 a. Purchase of luxurious and expensive office furnishings for office buildings.
 b. Purchase of wines, liquors, cigars and cigarettes.
 c. Installation of highly sophisticated outdoor signs, billboards and neon signs advertising the
office.
 d. Purchase of expensive cars for the use of the Justices of the Supreme Court and the Heads of
Constitutional Commissions.
 e. None of the above.

A

d. Purchase of expensive cars for the use of the Justices of the Supreme Court and the Heads of
Constitutional Commissions.

36
Q

It constitutes all payments made during a given period either in currency, by check, through bank and electronic transfers, telegraphic transfers, letters of credit, credit/debit cards and other non-
conventional modes of payment.

A

Disbursements

37
Q

Disbursements of public funds shall be guided by the following prohibitions except:
 a. Advance Payments
 b. Expenditures for Religious or Private Purposes
 c. Expenses for Reception and Entertainment
 d. Cash Overdrafts in the Treasury
 e. None of the above

A

e. None of the above

38
Q

Disbursements from the General Fund and Special Education Fund shall require the following except:
 a. Certification as to existence of appropriation that has been legally made for the purpose by the
Local Budget Officer.
 b. Certification as to necessity, legality, as well as to the validity, propriety and legality of support
documents by the head of the requesting department or office.
 c. Certification in the Disbursement Voucher by the Local Accountant and the Local Treasurer.
 d. Approval by the Local Chief Executive.
 e. None of the above

A

e. None of the above

39
Q

Disbursement from the Trust Fund shall require the following except:
 a. Certification by the Local Budget Officer
 b. Certification by the Local Treasurer
 c. Certification by the Local Accountant
 d. Approval by the Local Chief Executive
 e. Necessary documents are attached to the disbursement vouchers/payrolls.

A

a. Certification by the Local Budget Officer

40
Q

It is used for the payment of salaries and other emoluments of government employees.

A

Payroll

41
Q

These are those granted to Cashiers, Disbursing Officers, Paymasters and/or Property/Supply Officers
separately.

A

Regular Cash Advances

42
Q

These are those granted on the explicit authority of the Local Chief Executive only to duly designated
disbursing officers or employees for other legally authorized purposes.

A

Special Cash Advances

43
Q

The cash advance for petty operating expenses shall be sufficient for the recurring expenses of the
agency for:

A

1 month

44
Q

The Accountable Officer may request replenishment of the case advance when the disbursements
reach at least:

A

75%

45
Q

The cash advance shall be supported by which document(s):
 a. Written authority by the Local Chief Executive
 b. Approved application for bond
 c. Estimate of expenses
 d. None of the above
 e. All of the above

A

e. All of the above

46
Q

The amount of the cash advance shall be limited to the requirements for 2 months. The Accountable
Officer shall submit a Report of Disbursements:

A

Within 5 days after the end of each month

47
Q

Travels and payment of travel expenses of officials and employees of National Government Agencies
will require approval of the Department Secretary or his equivalent if it will last more than:

A

30 days

48
Q

The travel expenses of government personnel regardless of rank and destination shall be in the amount of:

A

Php 800.00

49
Q

The cash advance voucher for official foreign travel shall be supported by which document(s):
 a. Travel Order
 b. Itinerary of Travel
 c. Authority from the President to claim Representation Expenses, when applicable.
 d. Certification of the local official or employee concerned duly verified by the Local Accountant
to the effect that no clothing allowance had been received during the next preceding 24 months,
if clothing allowance is being claimed.
 e. Official receipts of initial expenses made in preparation for such travel.

A

e. Official receipts of initial expenses made in preparation for such travel.

50
Q

Cash advance for salaries and wages shall be liquidated within the prescribed period of:

A

5 days after each 15 day/end of the month pay period

51
Q

Cash advance for Petty Operating Expenses and Field Operating Expenses shall be liquidated within the prescribed period of:

A

20 days after the end of the year

52
Q

A cash advance has to be returned or refunded immediately to the Collecting Officer if it has not been
used for period of:

A

2 months

53
Q

Liquidation of the cash advance for Petty Operating Expenses shall be supported by the following
reports and documents except:
 a. Report of Disbursements
 b. Approved Requisition and Issue Voucher with the Certificate of Emergency Purchase, if
necessary
 c. Receipts, Sales Invoices
 d. Certificate of Acceptance/Inspection
 e. Canvass of at least 3 suppliers

A

Canvass of at least 3 suppliers

54
Q

Examples of the use of intelligence and/or confidential expenses are as follows except:
 a. Purchase of information relevant to security and peace and order.
 b. Payment of allowances for special security personnel.
 c. Payment of rewards.
 d. Rentals and other incidental expenses related to the maintenance of safe houses.
 e. Purchase of supplies, materials and equipment necessary for intelligence and confidential
operations and/or projects.

A

b. Payment of allowances for special security personnel.

55
Q

The annual appropriations for discretionary purposes of the local chief executive shall not exceed at
what percentage of the actual receipts derived from basic real property tax in the next preceding
calendar year.

A

2

56
Q

The Barangay Kagawad who is designated as Chairman of the Committee on Appropriation shall be responsible in monitoring the approved appropriations and the charges against the following funds except:

A

The Local Budget

57
Q

The following are classified as Personal Services except:
 a. Salaries and Wages (Regular)
 b. Salaries and Wages (Contractual)
 c. Special allowances
 d. Honoraria
 e. Cash Gift

A

c. Special allowances

58
Q

The frequency of which the Barangay Treasurer shall record all the checks issued in the Summary of
Checks Issued.

A

Daily

59
Q

The frequency of which the Barangay Record Keeper shall record check disbursement based on the
certified Summary of Checks Issued in the Check Disbursement Register.

A

Weekly

60
Q

The schedule of which the Barangay Record Keeper shall submit the Check Disbursement Register
together with the Summary of Check Issued to the City/Municipal Accountant for recording of the
checks issued in the books.

A

On or before the 5th day of the following month

61
Q

The schedule for which the Check Disbursement Register shall be totaled, balanced, ruled
recapitulated and certified.

A

At the end of the month

62
Q

The barangay Disbursement Voucher in 4 copies shall be distributed to the following except:
 a. Local Auditor concerned
 b. City/Municipal Accountant
 c. Attached to the city/municipal Disbursement Voucher
 d. Barangay Treasurer
 e. Punong Barangay

A

e. Punong Barangay

63
Q

The cash advance for payroll charged against Barangay Funds maintained by depository bank shall
be liquidated.

A

Within 5 days after the end of the pay period

64
Q

At what percentage of the General Fund of the barangay shall the budget for the Sangguniang
Kabataan be?

A

10%

65
Q

Sanggunian Kabataan budgeting is the same as that of the other LGUs. The major phases are the
following except:
 a. Budget Preparation
 b. Budget Authorization
 c. Budget Review and Execution
 d. Budget Accountability and Reporting
 e. None of the above

A

e. None of the above

BCLTE (6 decks)

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