BUDGET ACCOUNTABILITY

Question 1

1st step in Budget Accountability

Answer 1

Performance Targets

Question 2

2nd step in Budget Accountability

Answer 2

Citizen Engagement

Question 3

3rd step in Budget Accountability

Answer 3

Monitoring and Evaluation

Question 4

4th step in Budget Accountability

Answer 4

Agencies Accountability Reports

Question 5

5th step in Budget Accountability

Answer 5

Performance Review

Question 6

6th step in Budget Accountability

Answer 6

In-Year Report

Question 7

7th step in Budget Accountability

Answer 7

DBCC Mid-Year Report

Question 8

8th step in Budget Accountability

Answer 8

DBCC Year-End Report

Question 9

9th step in Budget Accountability

Answer 9

Audit Report

Question 10

SAAODB stands for?

Answer 10

Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by object of expenditures.

Question 11

SABUDB stands for?

Answer 11

Summary of Approved Budget, Utilizations, Disbursements and Balances by object of expenditures.

Question 12

AGDBs stands for?

Answer 12

Aging of Due and Demandable Obligations

Question 13

What is FTDUs?

Answer 13

Full-time Delivery Units

Question 14

shows the disbursements of the entity during the month, classified according to the type of disbursement authority. This report is submitted to the COA and DBM within 30 days after the end of each month.

Answer 14

Monthly Report of Disbursement

Question 15

shows the agency’s authorized appropriations, allotments received, obligations incurred, disbursements made and the balances of unreleased appropriations, unobligated allotments, and unpaid obligations.

Answer 15

Statement of Appropriations, Allotments, Obligations, Disbursements and Balances

Question 16

similar to SAAODB above but provides details of expenditures (e.g., salaries and wages, traveling expenses, etc.)

Answer 16

Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expenditures

Question 17

shows the allotments received by the agency from the DBM and the sub-allotments issued by the agency’s Central Office of Regional Office to lower operating units.

Answer 17

List of Allotment and Sub-Allotments

Question 18

prepared by agencies that have authority to use their revenue. It shows the budgeted revenue, the utilizations and disbursements thereof, and the unutilized amounts.

Answer 18

Statement of Approved Budget, Utilizations, Disbursements and Balances.

Question 19

shows the names of creditors, the amounts owed to them, and the number of days these obligations are outstanding. This report is submitted to COA and DBM within 30 days after the end of the year.

Answer 19

Aging of Due and Demandable Obligations

Question 20

publishes a comprehensive report on macroeconomic developments, the fiscal situation of the national government, and the performance of key programs and projects

Answer 20

DBCC- Development Budget Coordination Committee

Question 21

reviews the accounts of each agency to ascertain if public funds are used properly, according to the law and standards, and with value-for-money.

Answer 21

COA- Commission on Audit