Hi, Mark Lawrence.

When you submit this form, the owner will see your name and email address.

Required

1.Checking of completeness of transactions in government accounting prior to processing

of government claims.
(2 Points)

2.In the entity's collection of receivable from prior year's billing, the entry to recognize the
remittance of income to the Bureau of Treasury is a debit to
(2 Points)

3.Basis of ABC
(2 Points)

4.The comprehensive law governing public procurement in the Philippines that put together
procurement rules and procedures covering all forms of government purchases, from
goods, to consulting, to infrastructure services. 
(3 Points)

5.Budget for the contract duly approved.

(2 Points)

6.I. An expense that is obligated is already considered as payable.

II. An obligated expense can already be paid.
(2 Points)
Statements I and II are true.
Only Statement I is true.
Only Statement II is true.
Both statements are false.
7.Complete name of our subject matter experts/resource speakers in budgeting, accounting
and procurement
(5 Points)

8.Who were the hosts in our October 15, 2021 webinar?

(3 Points)

9.A requirement for every transaction in government.

(2 Points)
10.I. Statement Allotment Release Order can only be given once a particular condition is
satisfied.
II. General Allotment Release Order  is agency specific.
(2 Points)
Statements I and II are true.
Only statement I is true.
Only statement II is true.
Both statements are false
11.What are the types of cashless payments in the mode of disbursements for government
agencies?
(3 Points)

12.What was the title of the Webinar conducted exclusively for  BSA students  last October
15, 2021?
(3 Points)

13.This refers to the physical description of the goods or services as well as the
requirements in terms of the functional performance, environmental interface, and design
standard requirements to be met by the goods to be manufactured or supplied, or services
to be rendered. 
(3 Points)

14.The lifeblood of the government.

(2 Points)

15.I. All allotment classes/classification of expenditures are always used by TSU.

II. There is an overlapping in the budget cycle.
(2 Points)
Statements  I and II are  true.
Only statement I is true.
Only statement II is true
Both statements are false.
16.Financial Statements in business accounting and government accounting are the same,
except for ________________________.
(3 Points)

17.List of all accounts used by government entities.

(3 Points)
18.I. Re-enacted budget is good.
II. Procurement activities can not be started unless the GAA is enacted.
(2 Points)
Statements I and II are true.
Only Statement I is true.
Only Statement II is true.
Both statements are false.
19.I. The bill is already enrolled when the GAB is enacted.
II. The Senate has veto powers.
(2 Points)
Statements I and II are true.
Only statement I is true
Only statement II is true
Both statements are false.
20.When can unobligated budget of previous year be used for the following year?
(3 Points)

21.Sanction imposed on contractors/suppliers that would not be able to fulfill the contract.
(2 Points)

22.Temporary receipts are allowed to be used to acknowledge receipt of public funds

(2 Points)
True
False
23.Accounting system used by National Government Agencies in the recording of
government transactions.
(2 Points)

24.In the procurement of goods, relevant characteristics and/or performance requirements

are necessary, including the brand.
(2 Points)
True
False
25.I. Appropriations and allotments are the one and the same.
II. Early procurement activities can be done as early as the time the budget is submitted.
(2 Points)
 Statements I and II are true
Only statement I is true
Only statement II is true
Both statements are false.
26.I. The National Expenditure Program is the same as the General Appropriations Act.
II. The deliberations on the National Budget in both houses are simultaneously done.
(2 Points)
Statements I and II are true.
Only Statement I is true.
Only Statement II is true
Both statements are false.
27.All resources of the government shall be managed, expended or utilized in accordance
with law and regulation, and safeguarded against loss or wastage through illegal or
improper disposition, with a view to ensuring ________________, _________________ and
__________________________ in the operations of the government.
(3 Points)

28.HOPE of TSU
(2 Points)

29.What happened to the unspent budget (unobligated)  for Personnel Services for 2020?
(3 Points)

30.Who was the moderator in the Q&A portion during the Webinar last October 15, 2021?
(2 Points)

31.What are the certifications being given by the Chief Accountant or Head of the
Accounting Unit before the Head of Agency can enter into any contract involving
expenditure of funds?
(3 Points)

32.I. FAR 1 and FAR 1A are the same reports, except for the details.
II. Internally generated income of TSU is reported under FAR 2.
(2 Points)
Both statements I and II are true.
Only statement I is true.
Only statement II is true.
 Both statements are false.
33.What certification is required from the Budget Officer for government disbursements?
(3 Points)

34.I. TSU submits its budget proposal directly to the Central Office of the DBM.
II. The Congress calls on the TSU Officials to defend its budget proposal initially submitted
to the DBM.
(2 Points)
Statements I and II are true.
Only Statement I is true.
Only Statement II is true.
Both statements are false.
35.Can funds be transferred from one allotment class to another? In which cases?
(3 Points)

36.I. The GAA is one of the most important legislations in the Philippines.
II. The budget cycle starts with the budget proposal.
(2 Points)
Statements I and II are true.
Only Statement  I is true
Only Statement  II is true
Both statements are false.
37.The duty to inspect all expenditures of the National Government Agencies rests on the
________________.
(3 Points)

38.All transactions of government agencies are required to be posted as a means of public

disclosure and this could be seen in the agency's _____________  _______.
(3 Points)

39.This refers to the standard coding system used in financial reporting of the National
Government,
(3 Points)

40.One of the acts committed by any public official that would result in imprisonment of not
less that 6 years and one day, but not more than 15 years.