BCLTE
BCLTE
Secretary of Finance
Local Treasury Operations Manual
True or False?
What does DOF-BLGF stands for? The appointment of a Treasurer shall be optional for provincial, city
Department of Finance - Bureau of Local Government Finance and municipal governments.
False
What does LGU stands for?
Local Government Unit True or False?
The appointment of an Assistant Treasurer shall be mandatory for
The Local Treasury Operations Manual (LTOM) supersedes what provincial, city and municipal governments.
Manual? False
Revised Manual of Instructions to Treasurers of 1954
The Local Treasurer shall be a member of the following Local
The following are Common Requirements for Creation and Committees and Boards: (4)
Conversion of a local government unit (3) Local Finance Committee
Land Area Bids and Awards Committee
Population Local School Boards
Income Appraisal Committee for purposes of expropriation and purchase of
real property
The following are the Local government units (4)
City What is the legal process whereby the registered voters of a local
Provincial government unit may directly propose, enact, or amend any
Municipal ordinance?
Barangay Local Initiative
Designations and extensions thereof shall be processed by the For drawing of checks payable to the LGU. What under no
Regional Office within how many days? circumstances shall the following checks be accepted? (3)
Within 15 days before the expected temporary or permanent vacancy Post-dated or Stale checks
Checks drawn payable to "Cash"
Cities with a minimum population of two hundred thousand (200,000) Checks drawn payable to the name of the Head of the LGU or any of
inhabitants, as certified by the National Statistics Office, and with the its officers
latest Annual Income of at least Fifty Million Pesos (P
50,000,000.00), based on 1991 constant prices, as certified by the Upon receipt of the dishonored check and debit memo from the
City Treasurer, shall be classified as ______________________ depository bank concerned, the collecting officer or Local Treasurer
Highly Urbanized Cities shall accomplish the "Notice of Dishonor" and sign it in behalf of the
local chief executive within how many days?
A municipality or a cluster of barangays may be converted into a 3 days
component city if it has a locally generated an Average Annual
Income of at least? The local chief executive upon the recommendation of the Local
100,000,000.00 (One Hundred Million) Treasurer, shall immediately transmit the certified copies of the
dishonored check, debit memo from the bank and notice of dishonor
A barangay may be created, divided, merged, abolished, or its to the city or provincial prosecutor if the drawer of the dishonored
boundary substantially altered, by law or by an _________________. check due to lack or insufficiency of funds fail to settle his account
Ordinance of the sangguniang panlalawigan or sangguniang within how many days?
panlungsod 5 days from receipt of the notice of dishonor
A municipality may be created, divided, merged, abolished, or its Unless the court shall direct otherwise, pending their redemption,
boundary substantially altered only by an ______________. dishonored checks shall remain in the custody of who?
Act of Congress Local Treasurer
The requisites for the creation of a municipality are the following: (3) What is the legal process whereby the registered voters of the local
An Average Annual Income, as certified by the Provincial Treasurer, government units may approve, amend or reject any ordinance
of at least Two Million Five Hundred Thousand Pesos (P enacted by the Sanggunian?
2,500,000.00) for the last two (2)consecutive years based on 1991 Local Referendum
constant prices;
What do you call the direct voting of all the members of an electorate
A population of at least twenty-five thousand (25,000) inhabitants, as on an important public question such as a change in the constitution?
certified by the National Statistics Office Plebiscite
These are Funds that include public money of every sort and other The following types of local expenditures that are not be allowed. (5)
resources pertaining to any agency of the government. Irregular Expenditures
Government Funds Unnecessary Expenditures
Excessive Expenditures
The Government funds are generally classified into: (3) Extravagant Expenditures
General Fund Unconscionable Expenditures
Special Fund
Trust Fund It signifies that the expenditure incurred does not adhere to
established rules, regulations, procedural guidelines, policies,
The __________ shall consist of moneys and resources of the local principles, or practices that have gained recognition in law.
government which are available for the payment of expenditures, Irregular Expenditures
obligations or purposes not specifically declared by law as accruing
and chargeable to, or payable from, any other fund. It pertains to the expenditures which could not pass the test of
General Fund prudence or the obligation of a good father of a family, thereby not
responsive to the exigencies of the service. Unnecessary
_______________ shall consist of the respective shares of expenditures are those not supportive of the implementation of the
provinces, cities, municipalities, and barangays in the proceeds of the objectives and missions of the agency or local government unit
additional one percent (1%) tax on real property (Sec. 309(a), LGC), relative to the nature of its operation.
which shall be automatically released to the local school boards. Unnecessary Expenditures
Special Education Fund
It signifies unreasonable expense or expenses incurred at an
_______ shall consist of private and public monies which have immoderate quantity or exorbitant price.
officially come into the possession of the local government or of a Excessive Expenditures
local government official as trustee, agent, or administrator, or which
have been received as a guarantee for the fulfillment of some It signifies those incurred without restraint, judiciousness, and
obligation. economy.
Trust Fund Extravagant Expenditures
It Refers to an appropriation available to support obligations or a It signifies expenses without knowledge or sense of what is right,
specified purpose or project, such as the construction of physical reasonable, and just and not guided or restrained by conscience.
structures or the acquisition of real property or equipment, even when Unconscionable Expenditures
these obligations are incurred beyond the budget year.
Continuing Appropriation It Constitutes all payments made during a given period either in
currency, by check, through bank and electronic transfers,
__________ is prepared to adjust the equilibrium of the first telegraphic transfers, letters of credit, credit/debit cards, and other
approved budget which has been disturbed by current economic, non-conventional modes of payment.
political or social conditions, or to provide an additional amount to the Disbursements
original appropriation which proved to be inadequate or insufficient
for the particular purpose intended. Disbursements in accordance with appropriations in the approved
Supplemental Appropriation annual budget may be made from any local fund in the custody of the
Local Treasurer, but the disbursement from any local shall in no case
This is also the "Annual Budget" of a local government unit, which exceed _____ percent of the uncollected estimated revenue accruing
refers to a financial plan embodying the estimates of income and to such local fund in addition to the actual collections.
expenditures for one (1) fiscal year. in no case exceed fifty percent (50%)
Annual Appropriation
The following disbursements are not prohibited: (4)
It is an authorization issued by the Local Chief Executive to a Advance Payments
department/office of the local government unit, which allows it to Expenditures for Religious or Private Purposes
incur obligations for specified amounts within its appropriations. Expenses for Reception and Entertainment
Allotment Cash Overdrafts in the Treasury
A province or city or a municipality within the Metropolitan Manila The highest price estimated in terms of money which a property will
Area may levy an annual ad valorem tax on real properties such as: bring if exposed for sale in the open market allowing a reasonable
(4) time to ind a purchaser who buys with knowledge of all the uses to
Land which it is adapted and for which it is capable of being used.
Buildings Market Value
Machinery
Other Improvements Idle Lands for purposes of real property taxation shall include the
following: (3)
The power to levy the ad valorem tax on real property is exercised Agricultural lands, more than one ( 1) hectare in area, suitable or
through the sanggunian of the local government unit concerned by cultivation, dairying, inland fishery, and other agricultural uses, one-
way of an/a _______. half (1/2) of which remains uncultivated or unimproved by the owner
Ordinance of the property or person having legal interest therein.
The power to levy the ad valorem tax on real property is exercised Lands, other than agricultural, located in a city or municipality, more
through the ________ of the local government unit concerned. than one thousand (1,000) square meters in area, one-half (1/2) of
Sanggunian which remains unutilized or unimproved by the owner of the property
or person having legal interest therein.
It refers to the actual cost of the machinery to its present owner, plus
the cost of transportation, handling, and installation at the present Residential lots in subdivisions duly approved by proper authorities,
site. regardless of land area, the ownership of which has been transferred
Acquisition Cost to individual owners, who shall be liable for the additional tax:
Provided, however, That individual lots of such subdivisions, the
It refers to the principal purpose for which the property is principally ownership of which has not been transferred to the buyer shall be
or predominantly utilized by the person in possession thereof. considered as part of the subdivision, and shall be subject to the
Actual use additional tax payable by subdivision owner or operator.
A tax levy on real property determined on the basis of a fixed It shall be issued as often as suspensions are made by the auditor for
proportion of the value of the real property. the purpose of notifying the agency head and the accountable officer
Ad Valorem Tax concerned on the suspended transactions.
Notice of Suspensions
Land devoted principally to the planting of trees, raising of crops,
livestock and poultry, dairying, salt making, inland fishing and similar It shall be used and issued as often as dis-allowance are made by
aqua cultural activities, and other agricultural activities, and is not the auditor in order to notify the agency head, the accountable
classified as mineral, timber, residential, commercial or industrial officers concerned, and the other persons liable for the disallowed
land. transaction.
Agricultural Land Notice of Dis-allowance
The act or process of determining the value of property as of a It is issued by the auditor to the accountable officer within 30 days
specific date or a specific purpose. from receipt of the report of disbursements for liquidation of cash
Appraisal advances, to inform the latter of the amount allowed in audit and any
suspensions and/or dis-allowance made.
It is the fair market value of the real property multiplied by the Credit Notice
assessment levels. It is synonymous to taxable value.
Assessed Value It shall be used and issued as often as charges are made by the
auditor to notify the agency head, accountable officer concerned and
Is a land devoted principally or the object of profit and is not classified other persons liable for the deficiencies noted in the audit of
as agricultural, industrial, mineral, timber, or residential land. revenues and receipts.
Commercial Land Notice of Charge
A land principally devoted to habitation. Real Property declared for the first time shall be assessed for taxes
Residential Land for the period during which it would have been liable but not more
than how many years from the initial assessment?
The cost that would be incurred on the basis of current prices, in 10 years
acquiring an equally desirable substitute property.
Replacement cost The Chairman of the Local Board of Assessment Appeals in a city is
from the?
The cost of reproducing a new replica of the property on the basis of City Register of Deeds
current prices with the same or closely similar material.
Reproduction Cost An annual levy on real estate equivalent to 1% of assessed value
which shall be in addition to the basic real property tax is the?
____________ are lands, buildings, and other improvements thereon Special education fund tax
actually, directly, and exclusively used or hospitals, cultural, or
scientific purposes, and those owned and used by local water In case a property owner does not agree with the notice of
districts and government-owned or controlled corporations rendering assessment by the Assessors, he may file an appeal with the Local
essential public services in the supply and distribution of water and/or Board of Assessment Appeals within how many days?
generation and transmission of electric power. Sixty (60) days from receipt of said assessment
Special Classes of Real Property
The Central Board of Assessment Appeals is composed of 1
Real property shall be appraised at what value? Chairman and 2 members to be appointed by the?
Current and fair market value President
The basis for classification of real property for assessment purposes?
actual use In the process of conducting the general revision of real property
assessments the existing active tax declarations are used as the
They have the power to collect local transfer taxes of any real estate main source of information for re-declaring real properties:
transaction. if ownership of property has not changed.
Provincial/City/Municipal Treasurer's Office
Real property transfers and changes in ownership, can be identified
It is an ad valorem tax on idle land that is levied annually on the from any of the following: (3)
assessed value of a real property that remains uncultivated and monthly report of the register of deeds. documents from notaries
unimproved by a property owner. public affecting real
Idle Land Tax property certificates of title.
decisions of courts of competent jurisdiction, approved subdivision
The following are exempted from paying real property tax. (3) plans and building permits, occupancy permits.
Machineries and equipment used for pollution control and
environmental protection. The maintenance of an efficient record system wherein all
Non-profit or religious cemeteries or burial grounds. information pertinent to real property is contained in separate files or
All real property owned by duly registered cooperatives as provided folders is good practice that may be adopted by assessors. These
for under R.A. No. 6938. files would cover all real property situated in subdivision or any
particular area in a municipality or city, and arranged by blocks and
In case of a city, the basic tax it may charge for real property tax shall lots with the corresponding subdivision maps for proper and
charged by how much? immediate identification of:
Not exceeding 2% of the assessed value location, ownership, area of property and other pertinent information.
Under the local government code, the maximum interest penalty that An estimate and opinion of value; a conclusion resulting from the
may be imposed for unpaid real property taxes shall be how long? analysis of facts.
36 months Appraisal
A taxpayer has how long to redeem his real property which was
levied and subsequent forfeited and acquired by the local
government for tax delinquency?
1 year
For drawing of checks payable to the LGU, under no circumstances
shall the following checks be accepted: (4)
Under what classification does a vacant lot fall with an assessed Post-dated or Stale checks.
value of 20% of its fair market value? Endorsed checks.
Residential Checks drawn payable to "Cash".
Checks drawn payable to the name of the Head of the LGU or any of not exceeding 2.0% of AV
its officers.
The tax rate for the Special education Fund Tax:
Upon receipt of the dishonored check and debit memo from the not exceeding 1.0% of AV
depository bank concerned, the collecting officer or Local Treasurer
shall accomplish the "Notice of Dishonor" and sign it in behalf of the The tax rate for the Ad Valorem tax on idle lands:
local chief executive within? not exceeding 5.0% of AV
3 days
A province or city or a municipality within Metro Manila may exempt
The local chief executive upon the recommendation of the Local idle lands from the additional levy when will physically or legally
Treasurer, shall immediately transmit the certified copies of the prevent the owner of the property or person having legal interest
dishonored check, debit memo from the bank and notice of dishonor therein from improving, utilizing, or cultivating the same by way of the
to the city or provincial prosecutor if the drawer of the dishonored following reasons; (3)
check due to lack or insufficiency of funds fail to settle his account Force mature.
within? Civil disturbance.
5 days from receipt of the notice of dishonor Natural calamity.
Unless the court shall direct otherwise, pending their redemption, The owner must file a sworn declaration of value of the property once
dishonored checks shall remain in the custody of the? every three (3) years, during the period from:
Local Treasurer Jan 1 to June 30 and every 3 years thereafter
The valuation of property for the purpose of levying a tax, or the Under the local government code, the maximum period for interest
amount of the tax levied. penalty that may be imposed for unpaid real property taxes shall be
Assessment 36 months
A percentage of market value prescribed by law at which the Under what classification does a vacant lot with an assessed value
assessed value is set. level of 20% of its fair market value?
Assessment Level Residential
The records at the Assessor's Office containing the list of all The Chairman of the Local Board of Assessment Appeals in a city is
properties whether taxable or exempt. the:
Assessment Roll City Register of Deeds
Fair market value of real property multiplied by the assessment level What is the rate of real property tax for an educational institution who
for taxation purposes. utilizes its' properly exclusively and directly for education purpose?
Assessment Level 0.0%
The price at which a willing seller will sell and a willing buyer will buy, The municipal assessor was taxing an idle agricultural land
neither being under abnormal pressure. consisting of 2 hectares valued at P200 per square meter. If the idle
Appraised Value land tax imposed is 5% by the ordinance, how much will the owner
pay for the idle land tax?
One of the major factors of production which is supplied by nature P80,000.00 (Eighty-Thousand)
without the aid of man.
Real Property What will be the total basic real property taxes to be paid by a lot
owner if his land consisting of
Real property shall be appraised at its current and fair market value 500 sqm. has a fair market value of the assessor at P10,000 per sqm
based on the duly approved or enacted. and is classified as commercial?
Schedule of Fair Market Values The tax rate is the maximum impose-able by the city.
P 50,000 (Fifty-Thousand)
Real property shall be assessed on the basis of a:
Uniform classification within each local government unit An idle agricultural land consisting of 2 hectares valued at
P200/sq.m. was taxed by the municipal assessor. If the idle land tax
The appraisal and assessment of real property shall be: imposed is 5% by the ordinance, how much should the owner pay as
Equitable idle land tax?
P80,000.00 (Eighty-Thousand)
A. Step in and quickly help employees mediate the conflict- to avoid A. ensure that the trainees will be more interested in your future
any unnecessary escalation lessons.
B. Step back and encourage employees to resolve the conflict B. inspire the trainees to practice at home.
themselves- so they will learn how to resolve conflicts on their own C. leave your trainees with a correct mental picture before they leave.
and handle future issues
C. Step out of the "field of action " for a moment, to gain insights into
the nature of the conflict.
Which of the below is an example of autocratic leadership? Which of the following is correct?
A. Debrief can be omitted if the team will not be working together in
A. We can go to the zoo or bird park for this outing. I am OK with future.
anything. B. More time should be spent in execution and less on planning.
B. I need your feedback before I make decision. Please speak out. C. Plans not completed on time can, sometimes, be as good as not
C. Everybody will fall in at 1400 hour sharp. done at all.
If a team member is not cooperative in the execution, you should; The purpose of debrief is?
To reflect on what has taken place and improve on future projects.
A. warn him openly so that others will not learn from him. Identify the steps involved in achieving improvement in communication
B. talk to him in private and avoid causing any disunity in your team. within the organization.
C. give him some goodies; so that he will be motivated to work. A. Sending messages, Use of multiple channels, Promoting inter-group
communication.
It is important that through squad management, you can; B. Simple messages, Use of multiple channels, promoting inter-group
interaction.
C. Simple messages, Use of multiple channels, promoting inter-group
A. really be concern about your Boys.
communication.
B. learn how to command and control difficult Boys.
D. Simple messages, Use of multiple methods, promoting inter-group
C.know officers; difficulties in running a company. communication.
Eye contact with your audiences can be maintained by;
A. always looking at a few people. The philosophy that guides an organization's policies towards its
B. looking at the first row of audiences. employees and customers is an important part of _______.
C. looking at every individual in a regular pattern. Organizational culture
A leader who is honest in speech and upright in character exhibits The features of Maslow's need hierarchy theory are the? (3)
A. Patience. Theory of human motives
B. Servant hood. Classifies basic human needs in a hierarchy
C. Integrity. Theory of human motivation
What is play to some people maybe to others? For expenditures processing of documents, except otherwise
A. Responsibility provided by law or regulation, how many initials or signature must
B. Duty any written action or decision contain?
C. Work 3
D. None of the above
Loan covers simple loans as well as?
This Act known as the "Code of Conduct and Ethical Standards for Guarantees
Public Officials and Employees".
RA6713 It refers to a thing or a right to dispose of graciously or any act or
liberality in favor of another who accept it.
Republic Act No. 6713 is known as ____. Gifts
Code of Conduct and Ethical Standards for Public Officials and
Employees. Elective or appointive public officials or employees cannot accept any
present, compensation, office or title of any kind from any foreign
Republic Act No. 6713 was approved on __________. government without the consent of _______.
February 20, 1989 Congress
Republic Act No. 6713 was took effect on ___________. EXIGENCY is to OCCASION as PEACE is to _______.
March 25, 1989 A. War
B. Repose
How many sections are there in RA-6713? C. Emergency
17 D. Agreement
E. Synthesis
What section in RA-6713 is "Duties of public Officials and
Employees"? SYMPATHY is to CLEMENCE as PARADISE is to _______.
Section 5 A. Heaven
B. Earthly
In the performance of their duties, all public officials and employees C. Oblivion
are under obligation to? (4) D. Goodness
Act promptly on letters and requests. E. Devilish
Submit annual performance reports.
Process documents and papers expeditiously POSTPONE is to CONTINUE as POLLUTE is to _______.
Act immediately on the public's personal transactions A. Contaminate
Make documents accessible to the public. B. Debase
C. Desecrate
All public officials and employees shall, within fifteen (15) working D. Defile
days from receipt thereof, respond to letters, telegrams or other E. Cleanse
means of communications sent by the public. The reply must contain
the action taken on the request. CRUSH is to PULVERIZE as MIX is to _______.
Act promptly on letters and requests. A. Homogenize
All heads or other responsible officers of offices and agencies of the B. Diminish
government and of government-owned or controlled corporations C. Purify
shall, within forty-five (45) working days from the end of the year, D. winterize
render a performance report of the agency or office or corporation E. Compress
concerned. Such report shall be open and available to the public
within regular office hours. ORIGINAL is to GERMINAL as FLORID is to _______.
Submit annual performance reports. A. Flower
B. Simple
Every government agency is required to develop, update regularly, C. Rich
and make available to the transacting public __________. D. Ormate
Performance targets E. Vague