BFM Large Activity 2

Elected officials may be granted a cash advance only for their official travelling expenses

• True

• False

The _______ perform disbursing function in the Barangay.

• Punong Barangay

• Barangay Secretary

• Barangay Tanod

• Barangay Treasurer

Transfer of cash advance from one Accountable Officer (AO) to another is allowed

• True

• False

Cash advance can be use for encashment of checks or for liquidation of a previous cash advance

• True

• False

Cash advances for the payment of honoraria of barangay officials can be used to pay laborers of construction projects implemented by administration

• True

• False

All cash advances shall be liquidated at year-end

• True

• False

No additional cash advances shall be given to any official or employee unless the previous cash advance is liquidated and accounted for in the books

• True

• False

A cash advance shall be liquidated/reported whenever the Barangay Treasurer feels like it.

• True

• False

Cash advance shall be granted for payment on account of infrastructure projects or other undertaking on a project basis

• True

• False

Cash advance which are no longer needed or have not been used for a period of two months shall not be returned to the proper collecting officer or cashier

• True

• False