No. 18 Part 1 Budgeting_neda_icc

62 Questions | Total Attempts: 134

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No. 18 Part 1 Budgeting_neda_icc - Quiz

Questions and Answers
  • 1. 
    Involves sharing limited resources among severalproject groups of or functions in a project environment
    • A. 

      Budgeting

    • B. 

      Investing

    • C. 

      Financing

    • D. 

      Sharing

  • 2. 
    - collecting data from upper-levelsources such as top and middle managers; figures supplied maycome from their personal judgment, past experience or pastdata on similar project activities
    • A. 

      TOP-DOWN BUDGETTING

    • B. 

      BOTTOM-UP BUDGETTING

    • C. 

      COST MONITORING

    • D. 

      TOP-SIDE BUDGETTING

  • 3. 
    It is important as project progresses toidentify areas of unacceptable cost performance
    • A. 

      COST MONITORING

    • B. 

      TOP-DOWN BUDGETTING

    • C. 

      BOTTOM-UP BUDGETTING

    • D. 

      SIDE-DOWN BUDGETTING

  • 4. 
    The decision-making process by which organizationidentifies and evaluates the financial benefits ofproposed projects and decides:• Which investment projects are Needed, Possible, or projectsthat require significant up-front capital investment• How to allocate available capital between different projects• If additional capital is needed
    • A. 

      CAPITAL RATIONING

    • B. 

      TOP DOWN BUDGETTING

    • C. 

      BOTTOM UP BUDGETTING

    • D. 

      SIDE DOWN BUDGETTING

  • 5. 
    Sophisticated capital budgeting techniques take intoconsideration depreciation schedules, tax information,inflation and other economic considerations.
    • A. 

      CAPITAL BUDGETTING

    • B. 

      TOP DOWN BUDGETTING

    • C. 

      BOTTOM UP BUDGETING

    • D. 

      NONE OF THE CHOICES

  • 6. 
    • process of weighing the expected benefits against theinitial and expected costs over the life cycle of a projectCalculated as: Xn = (G – C –I) – t – P      whereG = gross income per yearC = expenses for year nI = interest payment for year nt = taxes for year nP = principal payment for year n
    • A. 

      Revenue Requirement Analysis

    • B. 

      Linear regression

    • C. 

      Multilinear regression

    • D. 

      Cost benefit analysis

  • 7. 
    Fund Sources for Plan Implementation are the following except
    • A. 

      Special levy fund

    • B. 

      Official Development Assistance

    • C. 

      Bilateral Agreement Funds

    • D. 

      Specialized Funds and Financing Programs

    • E. 

      Local Institutions

    • F. 

      Bond Flotation

  • 8. 
    Resource flows provided by bilateralsources and multilateral institutions with the objective of promoting the economic development and welfare of the recipient country
    • A. 

      ODA

    • B. 

      Bilateral Agreement Funds

    • C. 

      Specialized Funds and Financing Programs

    • D. 

      Local Institutions

    • E. 

      Bond Flotation

  • 9. 
    As of present time how many regions we have?
    • A. 

      18

    • B. 

      11

    • C. 

      16

    • D. 

      14

  • 10. 
    Bilateral Agreement Funds - like RP-Japan Technical Assistanceagreements, JICA used to finance the conduct of studies and other relatedactivities
    • A. 

      ODA

    • B. 

      Bilateral Agreement Funds

    • C. 

      Specialized Funds and Financing Programs

    • D. 

      Local Institutions

    • E. 

      Bond Flotation

  • 11. 
    Available to private sector tofinance specific sector projects of the economy
    • A. 

      ODA

    • B. 

      Bilateral Agreement Funds

    • C. 

      Specialized Funds and Financing Programs

    • D. 

      Local Institutions

    • E. 

      Bond Flotation

  • 12. 
    Could either be government–owned or private used to finance projects
    • A. 

      ODA

    • B. 

      Bilateral Agreement Funds

    • C. 

      Specialized Funds and Financing Programs

    • D. 

      Local Institutions

    • E. 

      Bond Flotation

  • 13. 
    May be floated to finance specific activities such as those undertaken by other regions/provinces to generate additional investment requirements for major development projects
    • A. 

      ODA

    • B. 

      Bilateral Agreement Funds

    • C. 

      Specialized Funds and Financing Programs

    • D. 

      Local Institutions

    • E. 

      Bond Flotation

  • 14. 
    “AN ACT EXCLUDING OFFICIAL DEVELOPMENT ASSISTANCE (ODA) FROM THE FOREIGN DEBT LIMIT IN ORDER TO FACILITATE THE ABSORPTION AND OPTIMIZE THE UTILIZATION OF ODA RESOURCES, AMENDING FOR THE PURPOSE PARAGRAPH 1, SECTION 2 OF REPUBLIC ACT NO. 4860, AS AMENDED
    • A. 

      RA. 8182)

    • B. 

      RA 8555

    • C. 

      RA 10066

    • D. 

      RA 7076

  • 15. 
    General Appropriations Act
    • A. 

      RA 10155

    • B. 

      RA 10121

    • C. 

      RA 8182

    • D. 

      RA 7924

  • 16. 
    2 main characteristic that will qualify if project is ODA
    • A. 

      Concessional and geared to economic & social welfare development

    • B. 

      Official & not belong to PEZA

    • C. 

      Private sector funded

    • D. 

      None of the choices

  • 17. 
    Loan Eligibility Criteria for a project if it meet the following criteria except 
    • A. 

      Must be aesthetic and structutally sound project

    • B. 

      Viable project

    • C. 

      Should be in the LDP and AIP

    • D. 

      Nature of project must be revenue generating or cost-saving

  • 18. 
     LGUs are authorized to enter into lease contract agreements with suppliers with option to purchase later on, in acquiring property, plant, machinery, equipment,etc
    • A. 

      Deferred Payments Schemes

    • B. 

      On the spot payment

    • C. 

      No payment at all scheme

    • D. 

      Downpayment scheme

  • 19. 
    LGU bond flotation is subject only to the rules and regulations of the
    • A. 

      BSP and SEC

    • B. 

      NEDA

    • C. 

      DBM & SEC

    • D. 

      BSP & DBM

  • 20. 
     - An instrument bearing obligation by the LGU to finance operation or capital cost; Bond issuer is the LGU but this bond under LGU is NOT tax exempted
    • A. 

      Local Bond

    • B. 

      Surety bond

    • C. 

      Performance bond

    • D. 

      Guaranty bond

  • 21. 
    Local Bond under LGU states that Recommendation of Finance Secretary and President’s approval are not required.However, Approval of Finance Secretary is only required were bond issue shall 
    • A. 

      Bear guarantee of national government

    • B. 

      Not bear guarantee of national government

    • C. 

      If project worth up to 300 M that needs ICC approval

    • D. 

      None of the choices

  • 22. 
    The central planning agency of the country,The independent planning agency (according to the1987 Constitution),Socio-economic development planning agency,Sectoral development and physical framework planning agency,Development agency (more than just mere planning)
    • A. 

      NEDA

    • B. 

      DBM

    • C. 

      MMC

    • D. 

      Department of FInance

  • 23. 
     NEDA functions except
    • A. 

      Coordination of HUC's projects

    • B. 

      Development planning and policy formulation

    • C. 

      Investment programming and budgeting

    • D. 

      ODA management

    • E. 

      Project monitoring and evaluation

    • F. 

      PPP project coordination and evaluation

  • 24. 
    NEDA Interagency Committees except one
    • A. 

      National Statistics Office

    • B. 

      Investment Coordinating Committee

    • C. 

      Development Budget Coordinating Committee

    • D. 

      Infrastructure Development Committee

    • E. 

      Social Development Committee

    • F. 

      Regional Development Committee (RDCom)

    • G. 

      Legislative-Executive Development Advisory Council (LEDAC)

  • 25. 
    The present form of the NEDA was organized by President Corazon C. Aquino on July 22, 1987 through_________. It defined the composition of the NEDA Board and the Secretariat and its powers and functions, the powers and functions of the Authority and its committees
    • A. 

      Executive Order No. 230

    • B. 

      Memorandum Order No. 222

    • C. 

      Republic Act No. 7640

    • D. 

      RA 3178

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