SK FINANCIAL STATEMENTS

SK FINANCIAL STATEMENTS

Assessment

Assessment

Created by

thasmin abdul

Education

1st - 3rd Grade

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5 questions

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1.

Multiple Choice

30 sec

1 pt

1. What is the appropriate basis in the preparation of Summary of Budget, Commitment, Payments and Balances (SBCPB)?

A. Register of Cash Receipts and Deposits and Other Related Financial Transactions (RCRD)

B. Register of Cash in Bank and other Related Financial Transaction (RCB)

C. Registries of Budget, Commitments, Payments and Balances (RBCPB)

D. Registries of Specific Purpose Fund Commitments, Payments and Balances (RSPFCPB)a. Registries of Specific Purpose Fund Commitments, Payments and Balances (RSPFCPB)


2.

Multiple Choice

30 sec

1 pt

SSPFCPB stands for Summary of Specific __________ Fund, Commitments, Payments and Balances

A. Project

B. Purpose

C. Plan

D. Program

3.

Multiple Choice

30 sec

1 pt

SBCPB and SSPFCPB shall be prepared in 2 copies. The original copy shall be submitted to the Municipal Accountant while the photocopies shall be submitted to SB and retained by the SK.

A. TRUE

B. FALSE

4.

Multiple Choice

30 sec

1 pt

SCBAA stands for Statement of Comparison of Budget and Allotment Amounts.

A. True

B. False

5.

Multiple Choice

30 sec

1 pt

What is the most appropriate basis in preparing the Annual Statement of Receipt and Payments?

A. The consolidated Register of Cash Receipts, deposits and Other Related Financial Transactions (RCRD)

B. The consolidated Register of Cash in Bank and other Related Financial Transactions (RCB)

C. The consolidated Quarterly Statement of Receipts and Payments (QSRP)

D. The Summary of Budget, Commitments, Payments and Balances (SBCPB)

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