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    Notice of Cash Allocation PDF

    Uploaded by

    Nah Hamza
    Entity A received a Notice of Cash Allocation (NCA) from the DBM for P200,000, net of taxes. This amount was recognized as a receipt from the NCA from the DMB and posted to the entity's Cash-Modified Disbursement System (MDS) and Regular Subsidy from the National Government accounts. Separate accounting records and budget registries are maintained for each fund cluster.

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    Notice of Cash Allocation PDF

    Uploaded by

    Nah Hamza
    195 views17 pages
    Entity A received a Notice of Cash Allocation (NCA) from the DBM for P200,000, net of taxes. This amount was recognized as a receipt from the NCA from the DMB and posted to the entity's Cash-Modified Disbursement System (MDS) and Regular Subsidy from the National Government accounts. Separate accounting records and budget registries are maintained for each fund cluster.

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    accounting

    Original Title

    Notice of Cash Allocation.pdf

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    Entity A received a Notice of Cash Allocation (NCA) from the DBM for P200,000, net of taxes. This amount was recognized as a receipt from the NCA from the DMB and posted to the entity's Cash-Modified Disbursement System (MDS) and Regular Subsidy from the National Government accounts. Separate accounting records and budget registries are maintained for each fund cluster.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    195 views17 pages

    Notice of Cash Allocation PDF

    Uploaded by

    Nah Hamza
    Entity A received a Notice of Cash Allocation (NCA) from the DBM for P200,000, net of taxes. This amount was recognized as a receipt from the NCA from the DMB and posted to the entity's Cash-Modified Disbursement System (MDS) and Regular Subsidy from the National Government accounts. Separate accounting records and budget registries are maintained for each fund cluster.

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    You are on page 1of 17

    Notice of Cash

    Allocation
    (NCA)

    1
    Notice of
    Cash
    Allocation Entity A receives Notice of Allocation (NCA)
    from the DBM amounting to P200,000, net of
    (NCA) tax.

    Date Cash- Modified 200,000


    Disbursement System
    (MDS), Regular
    Subsidy from National 200,00
    Government 0
    To recognize receipt of NCA from DMB

    2
    NCA

    3
    POSTING

    4
    POSTING

    5
    Question and
    answer
    Team 1

    6
    True
    or 1. Separate accounting records and
    budget registries are maintained for
    false each fund cluster.

    TRUE

    7
    True
    or 2. Government entities and business
    entities use the term “obligation” or the
    false phrase “incurrence of obligation”
    similarly.

    FALSE

    8
    True
    or 3. The accounting unit of the agency
    maintains the journals and ledgers
    false while the budget division of the agency
    maintains the registries.

    TRUE

    9
    True
    or 4. Only the RAOD are updated each
    time an obligation is incurred, a
    false payable is recorded for the obligation
    incurred and disbursements are made
    to settle the recorded payables.

    FALSE

    10
    True
    or 5. Technically, only the Journals and
    Ledgers are considered accounting
    false records; the Registries are budget
    records.

    TRUE

    11
    Enumeration
    6. What are the four Budget
    Registries?

    RROR, RAPAL, RAOD


    and RBUD

    12
    Identification

    7. Object of expenditure that pertains


    to all types of employee benefits.

    Personnel Services (PS)

    13
    Identification

    8. It is used to record the approved


    special budget and the corresponding
    utilizations and disbursements charged
    to retained income.

    Registries of Budget Utilization and


    Disbursements ( RBUD)

    14
    Identification

    9. Entity A, a government entity, made


    disbursements for the travelling
    expenses of its personnel. These
    expenditures are most likely classified
    as

    Maintenance and Other Operating


    Expenses (MOOE)

    15
    Identification

    10. It is used when there’s a need to


    adjust in the RAOD and ORS such as
    when there is/are errors in the amount
    being obligated and account code
    being used.

    Notice of Obligation Request


    and Status Adjustment
    (NORSA)

    16
    THANK YOU!

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