Chapter 10 New Barangay Accounting System

ANSWER KEY
1. Basic Features NBAS
EASY
Recording of barangay transactions shall be recorded in the books through Journal
Entry Voucher by
A. Barangay Treasurer
B. City/municipal accountant
C. Barangay Record Keeper
D. Budget Officer
MODERATE
Supplies and materials and small items with serviceable life of more than one year, like
stapler, puncher, mechanical tools, etc. shall be charged to
A. Deferred Charge
B. Property, plant and equipment
C. Expense
D. Tools
DIFFICULT
Under the new barangay accounting system, cash advance for payment of personal
services shall be accounted as
A. Cash advance-disbursing officer
B. Payroll fund
C. Advances to officers and employees
D. Trust fund
Cash advance for payment of personnel services shall be accounted for as “Advances
for Payroll”; while cash advance granted for travel and other special time – bound
undertaking shall be accounted for as “Advances to Officers and Employees”.
 2. Major Financial Transactions (Appropriations and Commitments Receipts and
Deposits)
EASY
Which of the following is a component of the General Fund of barangays?
A. Personal service
B. 20% Development Fund
C. Calamity Fund
D. Sangguniang Kabataan Fund
MODERATE
What is the basis of the approved appropriations for barangays?
A. General Appropriation Ordinance (GAO)
B. General Appropriation Act (GAA)
C. Agency Budget Matrix (ABM)
D. General Allotment Release Order (GARO)
DIFFICULT
Under the new barangay accounting system, the following appropriation shall be valid
until fully spent or until the planned activity is completed, EXCEPT
A. Capital Outlay
B. 20% Development Fund
C. Calamity Fund
D. Sangguniang Kabataan
Expenses for personnel services, maintenance and other operating expenses, and
financial expenses shall be charged against respective appropriation; while investments,
purchase of property, plant and equipment, and construction of public infrastructures
and reforestation projects shall be charged against appropriation for capital outlay. The
balance of appropriations for Capital Outlay, 20% Development Fund, and Sangguniang
Kabataan Fund shall be valid until fully spent or until the planned activity is completed.
Balances at year-end of other appropriations shall revert to unappropriated status.
 3. Major Financial Transactions (Disbursements, Supplies and Materials, PPE,
Public Infrastructure/Reforestation Project)
EASY
Which of the following is an Authorized Government Depository Bank (AGDB)
recognized under the new barangay accounting system?
A. Philippine National Bank
B. Veterans Bank of the Philippines
C. United Coconut Planters Bank
D. Rural Bank of Development
MODERATE
It is the allotment released by Local Government Units or Department of Budget and
Management to barangays.
A. Barangay Social Fund
B. Internal Revenue Allotment (IRA)
C. Income from grants and donations
D. Subsidy from other LGU
DIFFICULT
The petty cash fund of barangays shall be maintained using the imprest system. The
amount of petty cash fund shall be determined by the Sangguniang Barangay but not to
exceed
A. P1,000
B. P2,000
C. 20% of the funds available
D. 75% of the funds available
The petty cash fund shall be maintained using the imprest system. The amount of the
petty cash fund shall be determined by the Sangguniang Barangay but not to exceed
20% of the funds available and to the credit of the Barangay Treasurer (Sec. 334 (b)
RA 7160).
 4. Overview of NBAS & Duties and Responsibilities
EASY
This barangay official shall act as the property officer of barangay
A. Punong Barangay
B. Barangay Treasurer
C. Barangay Record Keeper
D. Kagawad
MODERATE
What is the legal basis of the Commission on Audit in prescribing and implementing the
New Government Accounting System for barangay?
A. Presidential Decree 1445
B. Article IX-D, Sec. 2 of the 1987 Constitution of the Philippines
C. COA Circular 2013-002
D. COA Resolution 2008-12
DIFFICULT
Who will consolidate the Statement of Appropriation, Commitments and Balances of
each barangay for the five funds, such as: General Fund, 20% Development Fund,
Calamity Fund, Sangguniang Kabataan Fund, and the Gender and Development Fund?
A. Barangay Treasurer
B. Budget officer
C. Barangay Record Keeper
D. City/Municipal Accountant
The budget officer shall consolidate the Statement of Appropriations, Commitments and
Balances of each barangay for the five funds, such as: General Fund, 20%
Development Fund, Calamity Fund, Sangguniang Fund, and Gender and Development
Fund. The budget officer, likewise, submit the Consolidated Statement of
Appropriations, Commitments and Balances of all barangays under the city/municipality
to GAFMIS- COA through the auditor.