Please answer and kindly explain all the following questions. Thank you!

• What is Budget and Financial Accountability reports?

Describe briefly the following Budget and Financial Accountability Reports:

1. Quarterly Physical Report of Operation (BAR No. 1)
2. Statement of Appropriations, Allotments, Obligations, Disbursements and Balances (FAR No. 1)
3. Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expenditures (FAR No. 1-A)
4. List of Allotments and Sub-Allotments (FAR No. 1-B)*
5. Statement of Obligations, Disbursements, Liquidations and Balances for Inter-Agency Fund Transfers (FAR No. 1-C)
6. Statement of Approved Budget, Utilizations, Disbursements and Balances (FAR No. 2)
7. Summary of Approved Budget, Utilizations, Disbursements and Balances by Object of Expenditures (FAR No. 2-A)
8. Aging of Unpaid Obligations (FAR No. 3)
9. Monthly Report of Disbursements (FAR No. 4)
10. Quarterly Report of Revenue and Other Receipts (FAR No. 5)
11. Statement of Approved Budget, Utilizations, Disbursements and Balances for Trust Receipts (FAR No. 6)*