
Session 7 - FS and Other Reports Quiz 1
Quiz by Ariane Joy Escamilla
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1. Â Â Â What is the appropriate basis in the preparation of Summary of Budget, Commitment, Payments and Balances (SBCPB)?Â
2. Â Â Â SSPFCPB stands for Summary of Specific __________ Fund, Commitments, Payments and Balances
3.    SBCPB and SSPFCPB shall be prepared in 2 copies. The original copy shall be submitted to the Municipal Accountant while the photocopies shall be submitted to SB and retained by the SK.
4. SCBAA stands for Statement of Comparison of Budget and Allotment Amounts.
5. What is the most appropriate basis in preparing the Annual Statement of Receipt and Payments?