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13 Qs

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GovAcc

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Assessment

Quiz

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University

Medium

Created by

Earianne Cadapan

Used 5+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is an authorization issued by the DBM to NGAs to incur obligations for specified amounts contained in a legislative appropriation. What is this called?

Allotment

Appropriation

Obligation

Budget Information

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This refers to the authorization made by a legislative body to allocate funds for specific purposes. What is this called?

Appropriation

Final Budget

Supplemental Appropriation

Continuing Appropriation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This term refers to the expenditure authority derived from appropriation laws, government ordinances, and other decisions. It consists of various categories such as New General Appropriations and Continuing Appropriations. What is it called?

Approved Budget

Automatic Appropriations

Obligation

Disbursements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are authorizations programmed annually by law that do not require periodic action by Congress. What are they called?

Supplemental Appropriations

Automatic Appropriations

Continuing Appropriations

Revenues

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This includes data on appropriations, allotments, obligations, revenues, and disbursements. What is this called?

Budget Information

Final Budget

Original Budget

New General Appropriations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are authorizations to support obligations for specific purposes or projects, such as multi-year construction projects, which require incurring obligations even beyond the budget year. What are they called?

Continuing Appropriations

Obligations

New General Appropriations

Disbursements

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are the actual amounts spent or paid out of the budgeted amounts. What are they called?

Revenues

Disbursements

Obligations

Allotments

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