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PRELIMS (09062020) Name: - Multiple Choice

Entity X receives authorization to incur P45B in obligations for the first quarter from the Department of Budget and Management. It extends half of this authorization to its lower operating units. Entity X also receives monthly authorization from DBM to disburse up to P15B, with half also extended to lower units. By quarter's end, Entity X had incurred P40B in obligations and made P35B in disbursements.

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620 views

PRELIMS (09062020) Name: - Multiple Choice

Entity X receives authorization to incur P45B in obligations for the first quarter from the Department of Budget and Management. It extends half of this authorization to its lower operating units. Entity X also receives monthly authorization from DBM to disburse up to P15B, with half also extended to lower units. By quarter's end, Entity X had incurred P40B in obligations and made P35B in disbursements.

Uploaded by

kyla
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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PRELIMS (09062020)

Name: _____________________________________________________
Multiple Choice
A legislation approves the allocation of P100B funds to support the operations of Entity X ( a top
secret government agency) in the current year. At the start of the first quarter, Entity X receives
authorization to incur obligations for a maximum amount of P45B in that quarter. Entity X extends half
of that authorization to its lower operating units.
During the quarter, Entity X receives monthly authorization to disburse funds not to exceed P15B
per month. Entity X extends half of those monthly authorizations to its lower operating units. At the end
of the quarter, total obligations incurred amounted to P40B while total disbursements amounted to
P35B.
1. The P45B authorization is received by Entity X from
a. Department of Budget and Management c. Bureau of Treasury
b. Commission on Audit d. Congress
2. The allocation of the P100B funds to Entity X is referred to as
a. Allotment b. Appropriation c. Obligation d. Sub-allotment
3. The half of the P45B authorization extended by Entity X (Central Office) to its lower operating units is
referred to as
a. Allotment b. Appropriation c. Obligation d. Sub-allotment
4. The P45B authorization is referred to as
a. Allotment b. Appropriation c. Obligation d. Sub-allotment
5. Which of the following best describes the P15B monthly authorizations?
a. Allotment
b. Obligation authority (e.g. Notice of Cash Allocation “NCA”)
c. Disbursement authority (e.g. Notice of Cash Allocation “NCA”)
d. Disbursement authority (e.g. Notice of Transfer of Allocation “NTA”)
6. The half of the P15B monthly authorizations extended by Entity X (Central Office) to its lower
operating units is referred to as
a. Cash Disbursement Ceiling c. Notice of Cash Allocation (NCA)
b. Non-cash Availment Authority d. Notice of Transfer of Allocation (NTA)
7. The P15B monthly authorizations are received by Entity X from
a. Department of Budget and Management c. Bureau of Treasury
b. Commission on Audit d. Congress
8. In Entity X’s first quarter Statement of Appropriations, Allotments, Obligations, Disbursement, and
Balances, how much is shown as “unobligated allotments”?
a. P6B b. P5B c. P10B d. P15B
9. In Entity X’s first quarter Statement of Appropriations, Allotments, Obligations, Disbursement, and
Balances, how much is shown as “unreleased appropriations”?
a. P65B b. P60B c. P55B d. P45B
10. In Entity X’s first quarter Statement of Appropriations, Allotments, Obligations, Disbursement, and
Balances, how much is shown as “unpaid obligations”?
a. P5B b. P6B c. P10B d. P15B

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