2024 BCLTE Reviewer II Exam - Questions and Answers Examples of the use of intelligence and/or confidential expenses are as follows (4): Purchase of inf... [Show More] ormation relevant to security and peace and order. Payment of rewards. Rentals and other incidental expenses related to the maintenance of safe houses. Purchase of supplies, materials and equipment necessary for intelligence and confidential operations and/or projects. The annual appropriations for discretionary purposes of the local chief executive shall not exceed at what percentage of the actual receipts derived from basic real property tax in the next preceding calendar year. 2% What is the republic act providing for the recognition and use of electronic commercial and non-commercial transactions, penalties for unlawful use thereof, and other purposes? R. A. No. 8792 What republic act institutes a comprehensive agrarian reform program to promote social justice and industrialization providing the mechanism for its implementation and for other purposes? R. A. No. 6657 The basic real property tax and any other tax levied under Title 2, Book II of R. A. No. 7160 shall, from the date they become due, be collected within how many years? 5 years The proceeds of the basic real property tax, including interest thereon, and proceeds from the use, lease or disposition, sale or redemption of property acquired by public auction by the province shall be distributed accordingly. At what percentage of the proceeds shall be distributed among the component barangays of the cities where the property is located? 30% Under R. A. No. 7160 What is the punishment for failure to post and publish the itemized monthly collections and disbursements of the LGU within the prescribed period? A fine not exceeding Php 500.00 or by imprisonment not exceeding 1 month or both Under the Revised Penal Code. What is the punishment for frauds against the public treasury and similar offenses by a public officer, such as (1) Demanding, directly or indirectly, the payment of sums different from or larger than those authorized by law, (2) Failing voluntarily to issue a receipt, as provided by law, for any sum of money collected by him officially, (3) Collecting or receiving, directly or indirectly, by way of payment or otherwise, things or objects of nature different from that provided by law? A fine between Php 200.00 - Php 10,000.00 or penalty of prison correctional in its minimum period or both Under R. A. No. 7160 and without prejudice to criminal prosecution under the Revised Penal Code and other applicable laws. What is the punishment for any Local Treasurer who fails to issue or execute the warrant of distrait or levy after the expiration of the time prescribed, or who is found guilty of abusing the exercise thereof by competent authority? Automatic dismissal from the service after due notice and hearing Under R. A. No. 7160. The enforcement of any tax ordinance or revenue measure after due notice of the disapproval or suspension thereof shall be.. Sufficient ground for administrative disciplinary action against the officials and employees involved. The Barangay Kagawad who is designated as Chairman of the Committee on Appropriation shall be responsible in monitoring the approved appropriations and the charges against the following funds (4) 20% Development Fund Calamity Fund Sangguniang Kabataan Fund Gender and Development Fund The following are classified as Personal Services (4) Salaries and Wages (Regular) Salaries and Wages (Contractual) Honoraria Cash Gift What is the frequency of which the Barangay Treasurer shall record all the checks issued in the Summary of Checks Issued? Daily What is the frequency of which the Barangay Record Keeper shall record check disbursement based on the certified Summary of Checks Issued in the Check Disbursement Register? Weekly What is the schedule of which the Barangay Record Keeper shall submit the Check Disbursement Register together with the Summary of Check Issued to the City/Municipal Accountant for recording of the checks issued in the books? On or before the 5th day of the following month What it the schedule for which the Check Disbursement Register shall be totaled, balanced, ruled recapitulated and certified? At the end of the month The barangay Disbursement Voucher in 4 copies shall be distributed to the following (4) Local Auditor concerned City/Municipal Accountant Attached to the city/municipal Disbursement Voucher Barangay Treasurer The cash advance for payroll charged against Barangay Funds maintained by depository bank shall be liquidated within how many days? Within 5 days after the end of the pay period What is the percentage from the General Fund of the barangay shall the budget for the Sangguniang Kabataan? 10% Sanggunian Kabataan budgeting is the same as that of the other LGUs. The major phases are the following (4) Budget Preparation Budget Authorization Budget Review and Execution Budget Accountability and Reporting The pleasurable diversion and entertainment. It is synonymous to relaxation, avocation, pastime, or fun. Amusement These include theaters, cinemas, concert halls, circuses and other places of amusement where one seeks admission to entertain oneself by seeing or viewing the show or performance. Amusement Places It means trade or commercial activity regularly engaged in as a means of livelihood or with a view to profit. Business It include non-bank financial intermediaries, lending investors, finance and investment companies, pawnshops, money shops, insurance companies, stock markets, stock brokers and dealers in securities and foreign exchange, as defined under applicable law, or rules and regulations thereunder. Banks and other financial institutions It is the capital which a person employs in any undertaking, or which he contributes to the capital of a partnership, corporation, or any other juridical entity or association in a particular taxing jurisdiction. Capital Investment These refer to pecuniary liability, as rents or fees against persons or property. Charges They refer to every natural or juridical being, susceptible of rights and obligations or of being the subject of legal relations. Persons It refer to natural persons who have their habitual residence in the province, city, or municipality where they exercise their civil rights and fulfill their civil obligations, and to juridical persons for which the law or any other provisions creating or recognizing them fixes their residence in a particular province, city or municipality. Residents It means a sale where the purchaser buys the commodity for his own consumption irrespective of the quantity of the commodity sold. Retail After service of the Warrant of Levy, the Local Treasurer shall proceed to publicly advertise for sale or auction the property or a usable portion thereof as may be necessary to satisfy the tax delinquency and expenses of sale which shall be effected by the issuance of a Notice of Sale and the posting and publication thereof, within: within 30 days [Show Less]
