Exit Take Quiz Quiz 3 Questions Started: Feb 25 at 3:27pm Quiz Y Question Instructions @ Question 2 @ Question 3 @ Question 4 @) Question 5 Please answer the following questions. Question 1 1 1 pts @ Question 6 @ Question 7 @ Question 8 Which of the following accounts is most likely credited when a government entity Time Running: | Hide Time remits its collections to the National Treasury? Attempt due: Feb 28 at 11:59pm 39 Minutes, O Seconds © * Cash-Madified Disbursement System (MDS), Regular © « Cash-Tax Remittance Advice © ° Cash - Collecting Officers © ° Cash-Treasury/Agency Deposit, Regular No new data to save. Last checked at 3:28pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm Quiz of ¥ Question2 Instructions @) Question 3 Please answer the following questions. @) Question 4 @ Question 5 @) Question 6 1 pts Question 2 @ Question 7 @) Question 8 Which of the following is not one of the registries maintained by a government Time Running: | Hide Time entity? Attempt due: Feb 28 at 11:599m 38 Minutes, 43 Seconds © Registries of Journals and Ledgers © Registries of Budget, Utilization and Disbursements © Registries of Allotments, Obligations and Disbursements © Registry of Appropriations and Allotments Quiz saved at 3:29pm Submit Quiz Take Quiz 1. Exit Entity A, a government entity, receives its P9M allotment. The journal entry to Time Running: | Hide Time record this event Is Attempt due: Feb 28 at 11:59pm 37 Minutes, 41 Seconds Cash-Modified Disbursement System (MDS), Regular 9,000,000 Subsidy from National Government 9,000,000 Cash-Collecting Officers 9,000,000 9,000,000 Subsidy from National Government Cash-Tax Remittance Advice 9,000,000 Due to the National Government No journal entry. CHOOSE THE CORRECT ANSWER OB OA OD oc 9,000,000. Take Quiz Exit The entry to clase the “Cash-Treasury/Agency Deposit , Regular” account at the Attempt due: Feb 28 at 11:59pm end of the period is 32 Minutes, 55 Seconds Accumulated Surplus/(Deficit) A Cash-Treasury/Agency Deposit, XXX Regular XXX Subsidy from National Government B Cash-Treasury/Agency Deposit, XXX Regular XXX Cash-Collecting Officers C Cash-Treasury/Agency Deposit, Regular D None of these. The account is not closed. WRITE THE LETTER OF THE CORRECT ANSWER. OB OD Oc OA Tire Running: | Hide Time XXX XXX Take Quiz Question 7 Exit 1 pts Y Question 7 @ Question 8 Entity A, a government entity, receives its Notice of Cash Allocation amounting to 33 Minutes, 42 Seconds Cash-Modified Disbursement System (MDS), Regular 5,000,000 Subsidy from National Government 5.000.000 Cash-Collecting Officers B 5,000,000 Subsidy from National Government 5,000,000. Cash-Tax Remittance Advice Cc 5,000,000 Due to the National Government D No journal entry. WRITE THE LETTER OF THE CORRECT ANSWER QD OA OB oc | Hide Time Attempt due: Feb 28 at 11:59pm P5,000,000 for the year. The journal entry to record this event is A Time Running: 5,000,000 Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VY Quiz v Instructions 4 Please answer the following questions. Y 4 Y Question Question 6 1 pts 6 @ Question 7 @ Question 8 All of the following may cause the cancellation of a check drawn by a government Time Running: | Hide Time | entity except Attempt due: Feb 28 at 11:59pm 33 Minutes, 57 Seconds © Wrong spelling or unnecessary markings on the check. © The check becomes stale. @ The check is dishonored © The check is prepared using a pen with red ink. Quiz saved at 3:33pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VY Quiz v Instructions v Please answer the following questions. v Y Vv Question 11 1 pts ————— vw 4 The Principles in the GAM for NGAs is based on PFRS and PPSAS. Time Running: | Hide Time Attempt due: Feb 28 at 11:59pm © Tue © 29 Minutes, 24 Seconds False Quiz saved at 3:38pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm V Quiz v Instructions Yv Please answer the following questions. v Y 4 Question 10 1 pts ——— ol 4 Transactions and events are recognized in the accounting records and recognized Time Running: | Hide Time in the financial statements of the periods to which they relate. Attempt due: Feb 28 at 11:59pm 30 Minutes, 21 Seconds © « Time value of money © * Recognition © »* Going concern © ° Accrual basis of accounting No new data to save. Last checked at 3:37pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VY Quiz v Instructions VY Please answer the following questions. v 4 VY Question 9 1 pts fe al Y Which of the following is not one of the modes of disbursements by a Time Running: | Hide Time government entity? Attempt due: Feb 28 at 11:59pm 31 Minutes, 58 Seconds © * check © °* payrnent through Short Messaging System (SMS) © »* credit card © °* online payment No new data to save. Last checked at 3:35pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VS Quiz Vv Instructions ~ Please answer the following questions. YQ 4 Wi Question 14 1 pts a Vv Time Running: | Hide Time When a government agency receives allotment, it is recorded initially in Attempt due: Feb 28 at 11:59 9m the RAPAL and appropriate RAODs. 27 Minutes, 54 Seconds © True © False No new data to save. Last checked at 3:39pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VS Quiz v Instructions Y Please answer the following questions. YO i Y Question 13 1 pts v v When a government agency receives NCA, it is recorded initially in the RANCA Time Running: | Hide Time | Attempt due: Feb 28 at 11:59pm then a journal entry will be mde. 28 Minutes, 271 Seconds © True © False Quiz saved at 3:39pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VS Quiz Vv Instructions ~ Please answer the following questions. Y 4 Wi Question 12 1 pts a Vv When a government agency receives appropriation, it is recorded initially in the Attempt due: Feb 28 at 11:59 9m General Journal, the book of original entry. 29 Minutes, 12 Seconds © True © Time Running: | Hide Time False Quiz saved at 3:38pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VS Quiz v Instructions Y Please answer the following questions. YO 4 A Question 17 1 pts me 4 Obligations may be incurred upon the receipt of the Time Running: | Hide Time Attempt due: Feb 28 at 11:59pm © NCA 26 Minutes, 11 Seconds © Allotment © Appropriations © CDC Quiz saved at 3:41pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm oe Quiz v Instructions Vv Please answer the following questions. v Vv Vv Question 16 1 pts Vv v The different registries are also maintained by the Accounting Unit. Time Running: | Hide Time Attempt due: Feb 28 at 11:59pm @ jive © 26 Minutes, 18 Seconds False Quiz saved at 3:41pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm oe Quiz v Instructions Y Please answer the following questions. Vv Vv ~Y Question 15 1 pts Mw Vv Time Running: | Hide Time The organizational code of the UACS included 10 digits. Attempt due: Feb 28 at 11:59pm 26 Minutes, 28 Seconds © True © False Quiz saved at.3:41pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm oe Quiz v Instructions Vv Please answer the following questions. wo Vv Vv Question 20 1 pts ail VY Time Running: | Hide Time The UACS is the coding structure used by the Philippine Government. Attempt due: Feb 28 at 11:59pm It is composed of 54 digits. 24 Minutes, 42 Seconds © True © False Quiz saved at 3:43pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm oe Quiz v Instructions 4 Please answer the following questions. v Y VY Question 19 1 pts ~ 4 The UACS is a government-wide harmonized budgetary, treasury and accounting code classification framework jointly developed by the Department of Budget and Management (DBM), the Commission on Audit (COA), the Department of Finance (DOF) and the Bureau of the Treasury (BTy). © True © False Quiz saved at 3:43pm Submit Quiz Time Running: | Hide Time Attempt due: Feb 28 at 11:59pm 24. Minutes, 50 Seconds Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:27pm VS Quiz Vv Instructions ~ Please answer the following questions. YQ 4 Wi Question 18 1 pts ad Vv Currently, the financial reporting of national government agencies is based on the Time Running: | Hide Time Government Accounting Manual. Attempt due: Feb 28 at 11:599m 26 Minutes, O Seconds © True © False Quiz saved at.3:41pm Submit Quiz Exit Take Quiz Questions Started: Feb 25 at 3:44pm Quiz 4 Instructions Y 4 Y Question 4 Please answer the following questions. Question 4 1 pts @ Question 5 @) Question 6 @) Question 7 @) Question 8 This accounting concept is necessary so that users can use information in the Time Running: financial statements in noting differences and similarities between those Attempt due: Feb 28 at 11:59pm information presented and information from other sources that the user may 37 Minutes, 56 Seconds have. © Understandability © Feedback value or confirmatory value © Financial statement analysis and ratios © Comparability Quiz saved at 3:46pm Submit Quiz | Hide Time Take Quiz Exit 1 pts Question 3 @ Question 7 @ Question 8 1. Entity A, a government entity, receives notice of its P10M appropriation for Time Running: | Hide Time Attempt due: Feb 28 at 11:59pm the year. The journal entry to record this event is 38 Minutes, 17 Seconds Cash-Modified Disbursement System (MDS), A Regular 10,000,000 Subsidy from National Government 10,000,000 Cash-Collecting Officers B 10,000,000 Subsidy from National Government 10,000,000 Cash-Tax Remittance Advice D 10,000,000 Due to the National Government 1 No journal entry. CHOOSE THE CORRECT ANSWER OD OA OB Oc 10,000,000 Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:44pm Y Question Quiz ® Question2 Instructions 1 @) Question 3 Please answer the following questions. @ Question 4 @) Question 5 @ Question 6 1 pts Question 1 @) Question 7 @) Question 8 The entry to record a disbursement from the petty cash fund may include: Time Running: | Hide Time | Attempt due: Feb 28 at 11:59pm 39 Minutes, 45 Seconds @ None of these © Credit to Cash MDS © Debit to Expense © Credit to Petty Cash Quiz saved at 3:44pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:44pm VS Quiz v Instructions Y Please answer the following questions. YO i Y Question 18 1 pts v v When a government agency receives NCA, it is recorded in the RANCA only. Time Running: | Hide Time | Attempt due: Feb 28 at 11:59pm 33 Minutes, 1 Second © True © False Quiz saved at.3:5ipm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:44pm oe Quiz v Instructions Vv Please answer the following questions. v Vv Vv Question 13 1 pts wf v Time Running: | Hide Time The UACS has an object code totaling 10 digits. Attempt due: Feb 28 at 11:59pm 33 Minutes, 38 Seconds © True © False No new data to save. Last checked at 3:50pm Submit Quiz Take Quiz Exit Quiz 3 Questions Started: Feb 25 at 3:44pm Quiz 4 Instructions v VY Please answer the following questions. Y Vv Y Question 6 1 pts Question 6 @ Question 7 @ Question 8 fmN ~~ Time Running: | Hide Time The receipt of a disbursement authority in the form of Non-Cash Avaiiment Attempt due: Feb 28 at 11:59pm Authority (NCAA) is debited to which of the following accounts? 35 Minutes, 42 Seconds @ Subsidy from National Government @ Accounts Payable © Cash-Constructive Income Remittance © Cash-Modified Disbursement System (MDS), Regular Quiz saved at 3:48pm Submit Quiz