Dear My Valued Clients,

This is it!! Malapit na talaga ang exam. Alam ko kayo po ay mga mababait na nilalang pero ang kopyang ito ang
ginawa para lang talaga sa iyo bilang member ng Team ATD Conquerors Review. Sa ngayon pag husayan mo po
ang pag study. Huwag na muna e-share sa mga kakilala, officemate at iba pa ang kopyang ito dahil ito ay para sa
IYO muna.

Basic Competency on Local Treasury Examination

Final Coaching Day 1
June 3, 2023
Topic:

General Ability (25%)

 RA 6713
 Verbal and Analytical
 Leadership and Management

1. Is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources
efficiently and effectively?

a. Leadership
b. Management
c. Decision making
d. Planning

2. If there is a goal that needs to be achieved, the things that need to be done are prioritized to achieve that goal. The
intention is to meet the desired goal regardless of the amount of input required.

a. Efficiency
b. Effectiveness
c. Driving Force
d. Planning

3. There is an element of speed since it requires things to be done quickly to avoid wasting time and effort

a. Efficiency
b. Effectiveness
c. Driving Force
d. Planning

4. It involves a methodical step-by-step approach to thinking that allows you to break down complex problems into single and
manageable components

a. Systems Thinking
b. Analytical Thinking
c. Shadows System
d. Management Information System
5. The SWOT analysis or matrix is one of the most structured and used planning method to evaluate a business venture. SWO T
analysis describe as Strength, Weaknesses, Opportunities and Threat. The following are the Internal Origin – attributes of the
organization.

a. Strengths and Opportunities

b. Strengths and Weaknesses
c. Opportunities and Threats
d. Weaknesses and Threats

6. Herzberg’s Two Factor Theory is also known as the Motivation-Hygiene Theory which states that extrinsic factors are
associated with hygiene factor

a. security
b. salary
c. company policy
d. supervision
e. All of the given choices

7. Herzberg’s Two Factor Theory is also known as the Motivation-Hygiene Theory which states that intrinsic factors are
associated with job satisfaction

a. achievement
b. responsibility
c. growth
d. Recognition
e. All of the given choices

8. is a systematic approach to dealing with the transition or transformation of an organization's goals, processes or
technologies

a. Transformational leadership theory

b. Team management
c. Change Management
d. Organizational Effectiveness
e. Corporate Social Responsibility

9. Strategic thinking skills are any skills that enable you to use critical thinking to solve complex problems and plan for the
future. A leader should be

a. Visionary
b. Creative
c. Analytical
d. Innovative
e. Good in Interpersonal skills

10. a tool, often used in business, that uses feedback loops to monitor and evaluate the outcomes and impact of strategies
and projects. The aim is to introduce a structured approached that focuses on the expected results rather than the
implementation and budgets
 a. Effectiveness
b. Team management
c. Change Management
d. Result Based Management
e. Corporate Social Responsibility

11. The SWOT analysis or matrix is one of the most structured and used planning method to evaluate a business venture. SWO
T analysis describe as Strength, Weaknesses, Opportunities and Threat. Prepared and Discussed by: AGUSTIN T. DOLAR, LPT
Owner, Team ATD Conquerors Review 0920 335 8687/0915 751 3719

The following are the External Origin – attributes of the organization.

a. Strengths and Opportunities

b. Strengths and Weaknesses
c. Opportunities and Threats
d. Weaknesses and Threats

12. A condition when two or more things work together to create a positive outcome. It is also involves putting together
individual actions to create a greater whole.

a. Collaboration
b. Synergy
c. Teamwork
d. Camaraderie

13. Defined as the process of measuring or comparing one’s own products, services, and practices with those of the
recognized industry leaders in order to identify areas of improvements

a. Result based management

b. Benchmarking
c. Business predictions
d. Opportunities

14. It indicates a tendency to be enthusiastic when beginning something, but eventually losing that enthusiasm after a time.

a. Filipino time
b. Ningas Kugon
c. Hospitality
d. Mañana Habit

15. it is a process of comparing the actual performance with the set standards of the company to ensure that activities are
performed according to the plans and if not then taking corrective action

a. Planning
b. Controlling
c. Organizing
d. Directing

16. Political Neutrality is synonymous to what Norms of Conduct of Public Officials and Employees
 a) Commitment to public interest
b) Responsiveness to the public
c) Nationalism and patriotism
d) Professionalism
e) Justness and sincerity

17. All public officials and employees shall, within fifteen (15) working days from receipt thereof, respond to letters, telegrams
or other means of communications sent by the public. The reply must contain the action taken on the request.

a) Act promptly on letters and requests

b) Submit annual performance reports
c) Process documents and papers expeditiously
d) Act immediately on the public's personal transactions
e) Make documents accessible to the public

18. A public official or employee shall avoid conflicts of interest at all times. When a conflict of interest arises, he shall resign
from his position in any private business enterprise within

a) 30 days
b) 45 days
c) 60 days
d) 15 days
e) 10 days

19. If an employee resigns from a government agency, which of the following premises is CORRECT as regards the filing or non-
filing of the Statement of Assets, Liabilities and Net Worth (SALN)?

a. The employee is no longer required to file SALN since he/she is no longer a government employee.
b. The employee is not anymore required to file SALN since the resignation effectively excluded the employee from the
coverage of R.A. No. 6713.
c. The employee is still required to file SALN on or before the 30th day of April of the succeeding year.
d. The employee is still required to file SALN within 30 days after resignation.
e. The employee may no longer file SALN with his/her former agency and just secure clearance from accountabilities
therefrom.

20. Public officials and employees shall remain true to the people at all times. They must act with justness and sincerity and
shall not discriminate against anyone, especially the poor and the underprivileged.

a) Commitment to public interest

b) Responsiveness to the public
c) Nationalism and patriotism
d) Professionalism
e) Justness and sincerity

21. An official or employee shall avoid conflict of interest at all times. Conflict of interest occurs when the official or employee
is:

a. a substantial stockholder; or a member of the Board of Directors

 b. an officer of the corporation
c. an owner or has substantial interest in a business or a partner in a partnership
d. Both B and C
e. All of the given choices

22. Refers to services rendered by persons who are in government without pay or compensation

a. Free voluntary services

b. Laborers
c. Honorary capacity
d. On the job trainees
e. Barangay Health Workers

23. Free voluntary service refers to services rendered by persons who are in government without pay or compensation. The
following are the functions or services that volunteers can perform, except

a) Advisory & Consultancy/Counseling

b) Recommendatory
c) Local Chief Executive positions
d) Staff work such as planning or research
e) Humanitarian

24. It refers to a contract whereby one of the parties delivers to another something not consumable so that the latter may use
the same for a certain time and return.

a) Commodatum
b) Gift
c) Promotion
d) Loan
e) Credit Line

25. Under what norms of conduct of public officials and employees this statement. Public officials and employees shall provide
service to everyone without unfair discrimination and regardless of party affiliation or preference.

a) Commitment to public interest

b) Responsiveness to the public
c) Nationalism and patriotism
d) Political neutrality
e) Justness and sincerity

26. a Committee on Awards to Outstanding Public Officials and Employees is hereby created composed of the following: the
Ombudsman and Chairman of the Civil Service Commission as Co-Chairmen and how many members?

a) 2 members appointed by the President

b) 3 members appointed by the President
c) 2 members appointed by the President and the Chairman of PCSO
d) 2 members appointed by the President and the Chairman of COA
 e) 3 members appointed by the President and the Chairman of CSC

27. Public officials and employees shall ensure openness of information, public consultations and hearings whenever
appropriate, encourage suggestions, simplify and systematize policy, rules and procedures, avoid red tape

a) Commitment to public interest

b) Responsiveness to the public
c) Nationalism and patriotism
d) Political neutrality
e) Justness and sincerity

28. It is the policy of the State to promote a high standard of ethics in public service. Public officials and employees shall at all
times be accountable to the people and shall discharge their duties with utmost responsibility, integrity, competence, and
loyalty, act with patriotism and justice, lead modest lives, and uphold public interest over personal interest.

a. Code of Moral Conduct and Ethical Standards

b. Code of Conduct and Ethical Standards for Public Officials and Employees
c. Code of Ethics for Public Officials and Employees
d. Code of Conduct for Ethical Standards for Public Officials and Employees

29. All official papers and documents must be processed and completed within a reasonable time from the preparation
thereof and must contain as far as practicable. In the absence of duly authorized signatories, the official next-in-rank or officer-
in-charge shall sign for and in their behalf. How many signatories needed to complete the needed documents?

a. 3 signatories
b. 4 signatories
c. 5 signatories
d. 2 signatories

30. Public officials and employees and their families shall lead modest lives appropriate to their positions and income. They
shall not indulge in extravagant or ostentatious display of wealth in any form.

a. Simplicity
b. Simple Living
c. Responsiveness to the public
d. Commitments to public

31. Ana, Karen, Don, and Dino are siblings. Karen is older than Ana. Ana is younger than Dino. Don is younger than Ana. Two of
the siblings are twins.

CONCLUSION:

a. Ana and Karen are twins

b. Ana and Dino are twins.
c. Karen and Dino are twins.
d. Dino and Don are twins.
e. Don and karen are twins.

32. a fear of restraint, which can be confused with trypanophobia because many people receiving injections are restrained.
What is trypanophobia?
 a) Fear of the Doctor
b) Fear of Needles
c) Fear of COVID-19
d) Fear of Swab Test
e) Fear of illness

33. He agreed to start paying community tax to appease the people as a good effect.“

a) Satisfy
b) Delighted
c) Pacify
d) Compromise
e) Excite

34. The Doctor, the lawyer, and the Farmer are neighbors. Each of them owns a house among the three [Yellow, Orange,
Green] houses and a car among three [Red, White, Black] cars. The doctor owns the orange house and the Lawyer owns the
white car. The green house and the black car is not owned by the farmer.

What is the color of the Car and the house of the Farmer?

a. Red car, Orange house

b. Red car, Yellow house
c. White car, Yellow house
d. White car, Orange house
e. Black car, Green house

35. Ga is taller than Ha but shorter than Ja. Va is taller than Ka but shorter than Ga. Who is the TALLEST of them all?

a. Ga
b. Ha
c. Ja
d. Ka
e. Va

37. Government employees are courteous. Some courteous people are rewarded. Mr. Santos works in a government agency.

CONCLUSION:

a. Courteous people are government employees.

b. Government employees are rewarded.
c. Mr. Santos is courteous.
d. Mr. Santos is rewarded.
e. No government employee is courteous.

38. Mother asked Mila to feed the dog while she is out. When she returned, mother was furious to find out that Mila did not
do as instructed. Mila just looked at her, teary eyed, but would still not move to feed the dog.

ASSUMPTION:

a. Mila has set the dog loose while she is feeding it.
 b. Mila is afraid of her mother but not of the dog.
c. Mila is afraid of her mother, just as she is afraid to feed the dog.
d. Mila is afraid of the dog but not her mother.
e. Mila is neither afraid of the dog nor her mother.

39. DOVE is to PEACE as SCALE is to ____________

a. Freedom
b. Justice
c. Knowledge
d. Purity
e. Victory

40. ISIWALAT : ILIHIM :: _______ : _______

a. alagaan : arugain
b. gunitain : kalimutan
c. pagsikapan : paasahin
d. palaguin : paramihan
e. suwayin : tularan

41. The secretary's silence stems from a legal INHIBITION.

a. action
b. decision
c. dispute
d. purpose
e. restraint

42. Herbivores: graizing animals:: carnivores:________

a. Predator animals
b. Prey animal
c. Wild animal
d. Plant eating animal
e. None of the given choices

43. Ilaw ng Tahanan: Ina :: Alagad ng Sining: __________

a) Artista
b) Pintor
c) Guro
d) Architect
e) Mang await

44. The Filipino teachers' FERVOR in the teaching profession cannot be questioned.

a. focus
b. idea
c. love
 d. passion
e. service

45. In a 5 story mall, the Cyberzone is on the fifth floor. The hardware is under the Department store for men and women.
Department store is at the first floor while the Department store for men and women is below the floor of Department store
where you can buy accessories for teenage boys and girls. Where can you buy plumbing tools?

a. 1st floor
b. 2nd floor
c. 3rd floor
d. 4th floor
e. 5th floor

46. Kung ang Pangako ay nagsisimbolo sa Bahaghari, ano naman ang Pagasa?

a. Paglubog ng araw
b. Bukangliwayway
c. Malamig na araw
d. Pagkakaisa
e. Dapit hapon

47. colds :tissue paper :: limp: ______________

a. wheel chair
b. comb
c. cane
d. gloves
e. slippers

48. Thankful: Grateful:: Complacency: ___________

a. satisfaction
b. welcome
c. anxiety
d. deportment
e. promises

49. TAWA : HAGIKHIK : : IYAK : ____

a. Hikbi
b. Luha
c. Ngalngal
d. Uha
e. Unga
50. Madaling makamit and tagumpay ng mga taong tuloy-tuloy ang pagsisikap ngunit mailap naman ang tagumpay para sa
mga taong NINGAS-KUGON.

a. mabagal kumilos
b. madaling mapagod
c. maikli ang pasensiya
d. mainipin sa trabaho
e. masigasig sa simula

50. Who among the siblings is twin? Nana, Nene, Nino and Nono

Nene is Older than Nana Nana is Older than Nono Nino is Younger than Nene

a. Nene and Nono

b. Nana and Nino
c. Nene and Nana
d. Nena and Nino

Topic:

Specialized/ Technical Area (75%)

 Management of Local Treasury Services, Safekeeping of Local Funds and Records

 Management of Other PFM Areas, and Management of Inter-Government and Other Fund Transfers

51. Any public officer against whom any criminal prosecution under a valid information under R.A. 3019 otherwise known as
the ____________________or under the provisions of the Revised Penal Code on bribery is pending in court, shall be
suspended from office.

a. Anti-Graft and Corrupt Practices Act

b. Anti- Red Tape Authority
c. Ease of Doing Business and Efficient Government Service Delivery Act of 2018
d. Code of conduct and ethical standards for public officials and employees

52. Disbursements from trust funds shall be in accordance with the specific purpose stated in the trust agreement/approved
budget between the trustor and trustee (LGU).Who among the following does not certify disbursement made under trust
fund?

a. department/office head concerned

b. Accountant
c. Treasurer
d. Administrator
e. Local Budget Officer

53. Which of the following best describes Notice of Disallowance?

a. The Auditor shall issue an ND for transactions which are irregular/ unnecessary/excessive and extravagant, and those
which are illegal and unconscionable
b. The disallowance shall be settled within six (6) months from receipt of the ND by the persons liable.
 c. The ND shall be issued as often as disallowances are made by the Auditor in order to notify the agency head, the
accountant, and the persons liable for the amount disallowed in audit.
d. Both A and C
e. All of the given choices

54. Payment for repair of government equipment at a cost of exceeding 30 percent of the current market price of the same or
similar equipment. What unlawful expenditure is this?

a. Un-necessary
b. Unconscionable
c. Excessive
d. Extravagant
e. Irregular

55. Live-in seminars in five-star hotels with significant numbers of participants and unreasonable period of time. What
unlawful expenditure is this?

a) Un-necessary
b) Unconscionable
c) c Excessive
d) Extravagant
e) Irregular

56. The total appropriations, whether annual or supplemental, for personnel services of an LGU for one budget year must not
exceed

o Statement 1. 45% in the case of first- to third-class provinces, cities and municipalities
o Statement 2. 55% in the case of fourth- to sixth-class provinces, cities and municipalities
o Statement 3. 45% in the case of fourth- to sixth-class provinces, cities and municipalities
a. Statement 1 is true
b. Statement 2 is true
c. Both Statements 1 and 2 are True
d. Statement 3 is True
e. None of the given choices

57. The power to impose a tax, fee or charge or to generate revenue under the Local Government Code of 1991 shall be
exercised by the ___________ of the local government unit concerned through an appropriate ordinance.

a. Senators
b. Congressmen
c. Local Chief Executive
d. Sanggunian

58. The only person who may examine the books of accounts and pertinent records of business in order to ascertain, assess
and collect the correct amount of tax, fee or charge is?

a. Local Treasurer
b. Local Accountant
c. Local Budget Officer
 d. Local Assessor

59. A contractual arrangement, under which a project proponent is authorized to finance, constructs, own, operate and
maintain an infrastructure or development facility. Under this scheme, the proponent, as project owner, may assign its
operation and maintenance to a facility operator.

a. Build-Own-and-Operate
b. Build-Transfer-and-Operate
c. Contract-Add-and-Operate (CAO)
d. Rehabilitate-Operate-and-Transfer (ROT)
e. Build-Lease-and Transfer

60. Extension of designation of Acting or OIC Treasurer need not require the written request and recommendation by the
Local Chief Executive, except as requested otherwise, and conditioned by a very satisfactory performance of the designee.
Each extension of designation shall be for a period ________________. Temporary Vacancy

a. of twelve (12) months

b. of three (3) months
c. of six (6) months
d. of six (6) months, unless sooner revoked

61. It is mandatory for every province, city, or municipality to create a Local Finance Committee (LFC) which shall be composed
of the following: Local Treasurer, Local Budget Officer and __________________.

a. Local Assessor
b. Local Accountant
c. Local Planning and Development Officer
d. Local Chief Executive
e. Local Civil Register

62. When loss of public funds or property occurs while they are in transit or the loss is caused by fire, theft, or other casualty
or force majeure, the public officer accountable therefore or having possession, custody or control thereof shall immediately
notify the________________, and within thirty (30) days shall present his application for relief with the available supporting
evidence.

a) Commission on Audit or the agency auditor concerned

b) Local Treasurer
c) Local Chief Executive
d) Local Accountant
e) PNP

63. An unlawful expenditure that does not adhere to established rules, regulations, procedural guidelines, policies, principles
or practices.

a) Unnecessary
b) Irregular
c) Excessive
d) Unconscionable
e) Extravagant
64. An unlawful expenditure that expenses without knowledge or sense of what is right, reasonable and just and not guided or
restrained by conscience. Expenses incurred in violation of ethics and morality by one who does not have any feeling or guilt
for the violation.

a) Unnecessary
b) Irregular
c) Excessive
d) Unconscionable
e) Extravagant

65. It is a special arrangement in which a bank allows an LGU to borrow a maximum amount of money at any one time.

a) Credit Line
b) Guarantees
c) Loans
d) Commodatum
e) Credit limit

66. Refers to the length of time or number of years it will take to recover the initial outlay for a project.

a) Time value of money

b) Payback period
c) Discounted Rate of Return
d) Cash Disbursement Forecast (CDF)
e) Cash Receipts Forecast (CRF)

67. It shall be mandatory for each LGU to set aside in its annual budgets amounts ____________of its IRA for the year as
appropriation for local development projects that are embodied or contained in the local development plans

a) no less than thirty percent (30%)

b) no less than fifty percent (50%)
c) no less than forty percent (40%)
d) no less than twenty percent (20%)
e) no less than twenty-five percent (25%)

68. The creation of an LGU or its conversion from one level to another level shall be in compliance with income, population
and land area that shall be attested to by the Department of Finance (DOF), Philippine Statistics Authority (PSA), and
the____________________.

a) National Irrigation Authority

b) Department of Agriculture
c) Land Management Bureau
d) Department of Environment and Natural Resources
e) Department of Agrarian

69. The Cash Flow Forecast is a monthly schedule of anticipated receipts and disbursements of the local government unit for
the fiscal year showing the beginning and ending cash balances of each month. The forecast is prepared at_______?

a) beginning of the year

 b) ending of the year
c) middle of the year
d) done quarterly
e) Every December 31

70. is the highest audit rating that can be rendered by a State Auditor to a government agency

a) Unqualified Opinion
b) Adverse Opinion
c) Disclaimer Opinion
d) Qualified Opinion

71. A contractual arrangement under which an existing facility is turned over to the private sector to refurbish and operate
with no time limitation imposed on ownership. As long as the operator is not in violation of its franchise, it can continue to
operate the facility in perpetuity.

a) Rehabilitate-Operate-and-Transfer (ROT)
b) Rehabilitate-Own-and-Operate (ROO)
c) Contract-Add-and-Operate (CAO)
d) Build-Transfer-and-Operate
e) Build-and-Transfer

72. Who may delegate the appointing authority over Provincial, City and Municipal Treasurers and their Assistants, with the
exception of Treasurers and Assistant Treasurers in Metro Manila.

a) The President of the Philippines

b) Secretary of Finance
c) Provincial Governor/City or Municipal Mayor
d) BLGF Executive Director
e) DILG Secretary

73. It captures the aggregate debt of the LGUs and provides early warning if LGUs are nearing the statutory 20% debt ceiling.

a) LGU Fiscal Capacity Model

b) LGU Debt Monitoring System
c) Debt Capacity Certification System
d) LGU Creditworthiness Rating System
e) None of the given choices

74. The eSRE cash basis reports shall be uploaded to the LIFT tools System by all local treasurers on or before the following
dates.

a) For the first three quarterly reports: On or before the 15th of the month following the end of the quarter
b) For the year-end report: On or before February 28 of the subsequent calendar Year
c) For the year-end report: On or before April 30 of the subsequent calendar Year
d) A and B
e) All of the given choices
75. The failure to submit the reports within the prescribed period is considered a light offense, hence, Section 46 (F.3) of Rule
10 of the RRACCS shall apply: Violation of reasonable office rules and regulations

a) 1st Offense – Reprimand

b) 2nd Offense – Suspension of one (1) day to thirty (30) days
c) 3rd Offense - Dismissal from the service
d) A and B
e) A,B and C

76. The submission of inaccurate reports is considered a less grave offense. For this purpose, Section 46 (D.2) of Rule10 of the
RRACCS shall apply:

Simple Misconduct:

a) 1st Offense – Suspension of one (1) month and one (1) day to six (6) months
b) 1st Offense – Suspension of one (1) day to thirty (30) days
c) 2nd Offense – Dismissal from the service
d) A and C
e) All of the given choices

77. The Local Treasurer as members of the following Local Committees and Boards except;

a) Local Finance Committee

b) Bids and Awards Committee
c) Appraisal Committee
d) Local School Boards
e) None of the given choices

78. Approved fidelity bond are valid for ________ . The bond shall be renewed by the LGU by submitting to the Bureau of
Treasury the request together with the list of bonded officials and employees subject to renewal and other attachments such
as:

o copy of latest bureau of the treasury transmittal letter

o latest copy of SALN
o agency certification that applicant has no pending case

a) 12 months
b) 6 months
c) 24 months
d) 18 months

79. Every LGU created or recognized under the LGC is a body _______________endowed with powers to be exercised by it in
conformity with law. As such, it shall exercise powers as a political subdivision of the National Government and as a corporate
entity representing the inhabitants of its territory.

a) politic and corporate

b) regulated
c) synchronized and plan
d) diplomatic and democratic
 e) None of the given choices

80. An approved Fidelity Bond shall be __________________________and shall remain valid and effective for one (1) year
from the time of payment and receipt of bond premium. The Fidelity Bond shall be subject to renewal yearly before the
expiration of the present bond coverage while the accountable public officer is holding such position for which he was bonded

a) non-transferable and personal to the accountable public officer

b) transferable and personal to the accountable public officer
c) non-transferable and non-personal to the accountable public officer
d) transferable and personal to the accountable public officer
e) none of the given choices

81. Absence of a Treasurer or Assistant Treasurer is considered service in regular course under the following circumstances,

a) Witness in a criminal case

b) Witness in his/her own behalf in a criminal or administrative proceeding
c) Witness in a civil case between two private parties, and in which the Government has no interest
d) A and B
e) All of the given choices

82. In the case of a new owner to whom the business was transferred by sale or other form of conveyance, said new owner
shall _____________________if there is an existing ordinance prescribing such transfer tax.

a) be liable to pay the tax or fee for the transfer to him/her of the business
b) be unaccountable to pay the tax or fee for the transfer to him/her of the business
c) be liable to pay the business permit only
d) A and B
e) None of the given choices

83. Within ten (10) days after their approval, certified true copies of all provincial, city, and municipal tax ordinances or
revenue measures shall be published in full for how many days and may be posted in at least how many conspicuous and
publicly accessible places.

a) three (3) consecutive days in a newspaper of local circulation

b) at least two (2) conspicuous and publicly accessible places
c) four (4) consecutive days in a newspaper of local circulation
d) at least three (3) conspicuous and publicly accessible places
e) Both A and B

84. Creation of municipality may be created, divided, merged, abolished, or its boundary substantially altered only by an Act of
Congress and subject to approval of majority of votes cast in Plebiscite within 120 days.

A Municipality may be created if it has;

a) Income-Two Million Five Hundred Pesos (2,500,000.00)

b) Population-Twenty Five Thousand (25,000)
c) Land-50 sq.km.
d) All of the Above
85. The Local School Boards committee is hereby created in every province, city or to be composed of the following. The
provincial and city school boards composed of the following, except;

a) Governor/Mayor and Division Superintendent of schools as co-chairmen

b) The Chairman of the Education Committee of the Sangguniang Panlalawigan/Sanguniang Panlungsod
c) The Provincial/City Treasurer
d) Vice Governor/ Vice Mayor

86. Accountable forms for acknowledging collections are of two classes; the following are accountable forms with Money
Value, except

a) Cash Tickets- Form No. 55

b) Certificate of Transfer of Large Cattle- Form No.52
c) Certificate of Ownership of Large Cattle- Form No. 53
d) Marriage License Certificate- Form No. 54
e) Tax declaration

87. In the case of collectors assigned to the field, where travel time from their places of assignment to the Local Treasury
Office is more than 1 day, turnover of collection shall be made at least once a week or as soon as the collections reach
________

a) 3,000.00
b) 4,000.00
c) 5,000.00
d) 10,000.00

88. It signifies unreasonable expense or expenses incurred at an immoderate quantity or exorbitant price.

a) Irregular expenditures
b) Unnecessary expenditures
c) Excessive expenditures
d) Extravagant expenditures
e) Unconscionable expenditures

89. The persons determined by the auditor to be answerable for an audit disallowance or charge arising from the post audit of
transaction or examination of cash and accounts of an accountable officer.

a) Person of Interest
b) Person Liable
c) Person Responsible
d) Person Accountable

90. The persons determined by the auditor to be answerable for compliance with the audit requirements as called for in notice
of suspension.

a) Person of Interest
b) Person Liable
c) Person Responsible
d) Person Accountable
91. The memorandum shall be issued to the agency head and /or other officials concerned relative to the
findings/observations/other deficiencies noted in the audit of accounts transaction/transactions and requiring
comment/reply/thereto within the period specified therein.

a) Accountant Observation Memorandum

b) Treasurers Observation Memorandum
c) Auditors Observation Memorandum
d) Unqualified Opinion

92. It means trade or commercial activity regularly engaged in as a means of livelihood or with a view to profit.

a) Entrepreneurship
b) Business
c) Buy and sell
d) Marketing
e) Merchandising

93. No creation, division, merger, abolition, or substantial alteration of boundaries of LGUs shall take effect unless approved
by a majority of the votes cast in a ______________called for the purpose in the political unit or units directly affected

a) Plebiscite
b) Referendum
c) Partisan
d) Initiative

94. The appointment of a Treasurer shall be ___________ for Provincial, City and Municipal Governments while the
appointment of an Assistant Local Treasurer shall be _________

a) Regular / Permanent
b) Optional/ Regular
c) Mandatory/ Optional
d) Both Mandatory
e) Both Optional

95. No person shall be appointed Treasurer unless, he/she possesses the following qualifications, except

a) A citizen of the Philippines

b) A resident of the LGU concerned and Of good moral character
c) A first grade civil service eligible or its equivalent
d) Must have acquired experience in treasury or accounting service for at least five (5) years in the case of the City or
Provincial Treasurer, and three (3) years in the case of Municipal Treasurer
e) Recommendation Letter of Local Chief Executive

96. The provincial, city, municipal or barangay treasurer may by himself/herself or through any of his/her deputies duly
authorized in writing, examine the books, accounts, and other pertinent records of _________________subject to local taxes,
fees and charges in order to ascertain, asses, and collect the correct amount of the tax, fee, or charge, except
 a) Any person
b) corporation, or association
c) Partnership
d) Local economic enterprises

97. Countersign check and forward to Accountant for preparation of the Accountant’s Advice of Local Check Disbursements.

a) Local Administrator
b) Local Treasurer
c) Secretary
d) Local Accountant
e) Local Budget Officer

98. Shall sign all warrants drawn on the provincial/ city/municipal treasury and for all expenditures appropriated for the
operations of the Sanggunian Panlalawigan/ Panglungsod/Bayan. Likewise, he/she can sign appointments for employees in the
Sanggunian .

a) Vice Governor/ Vice Mayor

b) Local Budget Officer (LBO)
c) Local Accountant
d) Local Planning and Development Coordinator (LPDC)
e) Local Chief Executive (LCE

100. Calculate the debt ratio of a certain LGU if it has 8 million debt service and annual regular income of 15 million

a) 53.33
b) 187.50
c) 5.33
d) 0.3533
e) Insufficient data

Solution: Debt Service /Annual Regular Income multiply by 100

= 8,000,000/ 15,000,000 = 0.5333 x 100 = 53.33

101. What is the legal basis for certification of net debt service ceiling and borrowing capacity. Streamlining the Certification of
Net Debt Service Ceiling and Borrowing Capacity of Local Government Units.

a) BSP CIRCULAR LETTER OF 2002

b) BSP CIRCULAR NO. 926, SERIES OF 2016
c) DOF DEPARTMENT ORDER NO. 054.2016
d) Local Finance Circular (LFC) No. 1-2000:

102. The Local Treasurer/Cashier shall record in his/her cashbook all collections received by him/her. He/She shall provide in
his/her cashbook columns for the accounts Cash-In-Treasury and Cash-In-Bank. The cashbook shall be maintained by the
Treasurer by fund and shall be _________________

a) updated and balanced daily

 b) updated and balanced weekly
c) updated and balanced monthly
d) Report of Collections and Deposits (RCD)
e) None of the given choices

103. Is an inherent function of Local Treasurers and may be performed or enforced without the need of an executive order
from the Local Chief Executive.

a) Certify RPT Delinquencies Remaining Uncollected

b) Examine the Books of Accounts and Pertinent Records of Businessmen
c) Implement Tax Collection and Enforcement Program
d) Certify as to the Availability of Funds
e) Collect all local taxes, fees and charges directly or through their duly authorized deputies

104. The proceeds from the share of local government units from the national wealth shall be appropriated by their respective
sanggunian to finance local development and livelihood projects: Provided, however, That at least eighty percent (80%) of the
proceeds derived from the development and utilization of hydrothermal, geothermal, and other sources of energy shall be
applied _____________________.

a) solely to lower the cost of electricity in the local government where such a source of energy is located
b) control the increase of water where such a source of energy is located
c) the maintain the cost of electricity which afford by the constituents where such a source of energy is located
d) solely to stop the high cost of electricity in the local government where such a source of energy is located
e) None of the given choices

105. An assessment roll is a list of all assessable property in a given community a property classification; who owns tenure to
the land; any taxable and exempt status; and an owners code. What is/are the purposes of assessment roll?

a) basis for the collection of real property taxes

b) updating the Real Property Tax Account Register (RPTAR)/Real Property Tax Index Card (RPTIC)
c) provide the correct information concerning the ownership
d) assessed value of delinquent real property subject to civil action through the court or to public auction by the
treasurer.
e) A and B

106. The Local Chief Executive (LCE) shall prepare the executive budget for the ensuing fiscal year upon receipt of the
statements of income and expenditures from the treasurer, the budget proposals from the heads of various departments and
offices and the estimates of revenue and budgetary ceilings from the Local Finance Committee

a) Budget Preparation
b) Budget Authorization
c) Budget Review
d) Budget Execution
e) Budget Accountability
107. The Sanggunian shall deliberate on the budget, and authorize the annual budget through an Appropriation Ordinance
(AO) in accordance with the fundamental principle that no money shall be paid out of the Local Treasury except in pursuance
of an AO or law. The AO enacted by the Sanggunian shall be presented to the LCE for approval

a) Budget Preparation
b) Budget Authorization
c) Budget Review
d) Budget Execution
e) Budget Accountability

108. Overpricing of purchases, characterized by grossly exaggerated or inflated quotations, in excess of the current and
prevailing market price by a 10 percent variance from the purchased item;

a) Irregular expenditures
b) Unnecessary expenditures
c) Excessive expenditures
d) Extravagant expenditures
e) Unconscionable expenditures

109. Under this type of arrangement, the private firm leases an asset of an LGU for a fixed lease payment, and assumes the
responsibility for operating, maintaining, and managing the asset, aside from the commercial risks of the operations

a) Service contract
b) Lease contract
c) Management contract
d) Concession agreement
e) None of the given choices

110. The Consolidated Report of Accountability for Accountable Forms (CRAAF) shall be prepared by the Treasurer to
consolidate the RAAF of accountable officers. The consolidated report accompanied by the individual reports shall be
submitted to the COA auditor concerned for verification on _________________

a) not later than the fifth day of the ensuing month.

b) not later than the tenth day of the ensuing month
c) not later than the first day of the ensuing month
d) not later than the thirty-first day of the ensuing month

111. The following are the committees where the local treasurer may be a member, except

a) Local school board

b) Local finance committee
c) Committee on appraisal
d) Bids and awards committee
e) Local board of assessment appeals

112. Shall be used to report the quantity of accountable forms received, issued or cancelled by the Accountable Officer as of
the end of the month. Collectors and other Accountable Officers shall render the form at the end of the month for
consolidation by the Local Treasurer.
 a) Report of Collection and Deposits (RCDs )
b) Report of Accountability for Accountable Forms (RAFF)
c) Consolidated Report of Accountability for Accountable Forms (CRAAF)
d) Report of Check Issued

113. Procurement and use of luxury vehicles Mercedes-Benz car prices start at ₱2.62 Million for the most inexpensive model
B-Class by government officials , except those allowed under Sec. 6 of Administrative Order No. 3 issued on 27 February 2001
is considered what unlawful expenditures

a) Irregular expenditures
b) Unnecessary expenditures
c) Excessive expenditures
d) Extravagant expenditures
e) Unconscionable expenditures

114. The following are the LGU Loan Application Documentary requirements based on the DOF DEPARTMENT ORDER NO.
054.2016, except

a) Letter Request from the Local Chief Executive

b) Certification of existing loan/s duly certified by the Local Treasure
c) Commission on Audit (COA) Annual Audit Certificate for the most recent year
d) Certification issued by the Lending Institution
e) eSRE report submitted to BLGF

115. A property located in Province has an assessed value of Php 400,000.00. Calculate the Basic RPT and how much proceed
distributed to province, municipality and barangay.

Share is P-35%, M-40%,B-25%.

a) Php 4,000 – P-1400; M-1600 and B-1000

b) Php 8,000 – P-2800;M-3200 and B- 2000
c) Php 6,000- P-2000; M-2000 and B-2000
d) Php 4,000- P1000; M-1600 and B-1400

116. Treasurers/collecting officers accountable for receipts/stamps and other accountable form in their possession or in the
hands of deputies and other employees entrusted therewith, shall keep adequate permanent record books The recording of
each batch of accountable forms received shall be headed by_________________ and/or total value of the accountable forms
, except

a) data on the invoice number and date

b) The date the accountable forms were received
c) Date reported lost
d) the quantity
e) inclusive serial numbers

117. is the fixed amount that is imposed to a person that is residing within a specific territory. This is regardless to their
property, occupation or business Prepared and Discussed by: AGUSTIN T. DOLAR, LPT Owner, Team ATD Conquerors Review
0920 335 8687/0915 751 3719
 a) Personal, Poll or Capitation tax
b) Property tax
c) Excise Tax
d) Ad valorem Tax
e) Proportional tax

118. Which of the following is not a user of STATEMENT OF RECEIPTS AND EXPENDITURES (SRE),

a) Department of Finance (DOF)

b) Municipal Development Fund Office (MDFO
c) Department of Budget and Management (DBM)
d) Bangko Sentral ng Pilipinas (BSP)
e) Department of Foreign Affairs

119. Local Treasurers/Cashiers are prohibited from holding positions as

a) treasurers or cashiers of savings and loan association

b) Finance chief specialist
c) Unit auditor
d) Local finance committee

120. Current Operating Expenditures refer to appropriations for the purchase of goods and services for current consumption
or for benefits expected to terminate within the fiscal year. Which of the following is an example of current operating
expenses?

a) investments in the capital of government-owned or controlled corporations

b) investments in public markets
c) Maintenance and Other Operating Expenses
d) investments in slaughter houses

121. Under the Local Government Code, as a corporation, every local government unit shall have corporate powers. By virtue
of its corporate existence, an LGU may exercise such corporate powers under the Local Government Code. Which income is
associated with corporate power?

a) Real property tax

b) Business tax
c) Fees and Charges
d) Income from Local Economic Enterprises
e) Share from NTA

122. Expenditures or uses of government funds, and properties found to be illegal, irregular, unnecessary, excessive,
extravagant or unconscionable are grounds for _________________ Prepared and Discussed by: AGUSTIN T. DOLAR, LPT
Owner, Team ATD Conquerors Review 0920 335 8687/0915 751 3719

a) suspension
b) charge
c) settlement
d) disallowances
e) reconsideration
123. Local government units shall have the authority to adjust the tax rates as prescribed herein not oftener than once every
five (5) years, but in no case shall such adjustment exceed ten percent (10%) of the rates fixed under this Code. What section
of the Local Government Code this statement?

a) Section 190
b) Section 191
c) Section 119
d) Section 122

124. The limitation of appropriations for PS of LGUs as prescribed under Section 325 (a) of RA No. 7160 for provinces, cities,
and municipalities, and Section 331 (b) of RA No. 7160 for barangays. It also refers to the amount beyond which no additional
appropriation for PS items is allowed. Which of the following is not included in the limitation?

a) salaries, wages, representation and transportation allowances of officials and employees of the public utilities and
economic enterprises
b) personal services of a local government unit for one (1) fiscal year shall not exceed forty-five percent (45%) in the case
of first to third class provinces, cities and municipalities
c) fifty-five percent (55%) in the case of the fourth class or lower, of the total annual income from regular sources
d) B and C

125. It is a right or privilege, affected with public interest which is conferred upon private persons or corporations, under such
terms and conditions as the government and its political subdivisions may impose in the interest of public welfare, security or
safety

a) Franchise
b) Capital Investment
c) Shared Capitalization
d) Franchisee
e) Franchisor