8. This is a process in budget preparation that requires systematic consideration of all programs, projects

and activities with the use of defined ranking procedures, and does not accept the prior's year budget

as a starting point for analysis

a Zero-based budgeting c Performane budgeting

b Balanced budgeting d Special budgeting

9 A covering letter in transmitting an agency's accounting reports to CoA, DBM and other agencies.

a Pre-closing trial balance c Statement of management responsibility

b Post-closing trial balance d Notes to the FS

10 It is the allotment release by Local Government Units (LGUs) or Department of Budget and Management to

barangays

a Internal Revenue Allotment (IRA) c Income from grants and donations

b Barangay Social Fund d Subsidy - LGU

11-16 Give the SIX (6) REGULAR AGENCY BOOKS

11

12

13

14

15

16

17-20 Give the FOUR (4) NATIONAL GOVERNMENT BOOKS

17

18

19

20