An act providing for the modernization, standardization and regulation of the procurement activities of the government and for other purposes.
Fiscal Management

Quiz
•
Other
•
Professional Development
•
Hard
MA LOURDES VALONDO
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
9148
RA 9184
RA 9814
RA 9841
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the incurring of a liability, the payment of cash, or the transfer of property for the purpose of acquiring an asset or service or settling a loss, when unqualified, the accrual basis of accounting is assumed.
Appropriation
Disbursement
Expenditure
Finance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An authorization made by law or other legislative enactments of obligations to be incurred and allowing payments to be made with funds of the government under specified conditions and/or specified purposes.
Appropriation
Disbursement
Expenditure
Finance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supplies, Cash, School Buildings are just some example of this accounting term.
Asset
Expenditure
Liabilities
Procurement
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An authorization issued by the DBM which allows agencies/offices to incur obligations up to a specified amount that is within a legislative appropriation as reflected in the Advice of Allotment.
Allotment
Disbursement
Distribution
Grant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to the acquisition of goods, consulting services, and the contracting for infrastructure projects by procuring entity.
Asset
Disbursement
Expenditure
Procurement
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
It is the allocated funds for public elementary and secondary schools that can be spent on activities and necessities (i.e. electricity and water) that support learning programs and help maintain a safe and healthy environment in schools.
Create a free account and access millions of resources
Similar Resources on Quizizz
10 questions
RECAP Questions

Quiz
•
Professional Development
10 questions
Financial Reporting

Quiz
•
Professional Development
8 questions
Business Manager Academy Quiz

Quiz
•
Professional Development
12 questions
FINANCE TRAINING WORKSHOP

Quiz
•
Professional Development
10 questions
DBM Orientation

Quiz
•
Professional Development
14 questions
Government Accounting

Quiz
•
Professional Development
12 questions
Its Aptitude Time..

Quiz
•
Professional Development
12 questions
September Assessment

Quiz
•
Professional Development
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade