Basic Competency on Local Treasury Examination (BCLTE) Practice Exam

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• What is the significance of properly maintaining a Declaration of Real Property?
• Which of the following is considered a personal service expense?
• What is the effect of the community tax certificate?
• Who is responsible for issuing permits to extract sand, gravel, and other quarry resources?
• Rescue is to grant as recart is to what?
• What happens if a property owner pays the delinquent tax and associated fees before sale?
• Occupy is to abandon as seize is to what?
• How is the assessed value of a property typically established in relation to its fair market value?
• Which act did the National Assembly enact in 1939 to address taxation?
• After the service of the Warrant of Levy, when must the Local Treasurer publicly advertise the property for sale?
• What is the Republic Act that recognizes electronic commercial and non-commercial transactions?
• Which document is issued by the Local Treasurer to release a tax lien on property?
• What is the main purpose of classifying or grouping real property for taxation?
• How often should the Barangay Record Keeper record check disbursement based on the certified Summary of Checks Issued?
• What activity is part of the duties of deputized examiners?
• What is the maximum discount for advanced payments of Real Property?
• What are essential for effective leadership?
• When checking on team members during a demonstration, what should be prioritized?
• Nature is to nurture as heredity is to what?
• Who should receive copies of the barangay Disbursement Voucher?
• What is a penalty for failure to issue an official receipt for sums collected?
• Which type of cash advance is authorized for salaries and petty cash operating expenses?
• If a skilled individual wants to join your company, how should you respond?
• What is a required update in real property records after machinery is dismantled?
• What is required from individuals acquiring real property within a specified timeframe?
• Which body is responsible for the budget review and execution for Sangguniang Kabataan?
• What is a sufficient ground for administrative disciplinary action against officials involved in the enforcement of a disapproved tax ordinance?
• What is one of the most important elements of the assessment process?
• Allegiance is to loyalty as treason is to what?
• When was the first edition of the Philippine Valuation Standards adopted?
• Export is to wrest as conspire is to what?
• What is the primary reason for positioning yourself effectively before a demonstration?
• Which sanction is prescribed for failure to execute a warrant of distrait?
• How can you make sure girls have the tools needed for their assigned duties?
• What is an important action for Pathfinders and Senior Branch Members?
• Which cash advance is specifically for providing funds for legally authorized purposes?
• What is the assessed or taxable value used for in local treasury examinations?
• Deterioration is to objects as atrophy is to what?
• What is the total annual realty tax due for a lot area of 270 sqm with an FMV of P1,500.00 classified as Agricultural?
• What do charges refer to in financial contexts?
• How many ranking eligible recommendees must there be for the appointment of a Local Treasurer?
• Copious is to amount as spacious is to what?
• How many years must the basic real property tax be collected after it becomes due?
• Which office was created by Executive Order No. 833 to reform property valuation?
• Which program represents a long-term commitment of the Philippine Government starting in 2001?
• What type of cash advance may require explicit authorization from agency heads?
• What is included in the personal services classification?
• Which of the following is an example of a tax that can be imposed by a province?
• What percentage of proceeds from real property taxes accrue to the General Fund of the city?
• Which term describes the financial obligation of a person or entity in relation to their property?
• As a team leader, what is an effective way to encourage leadership potential in others?
• Admonish is to advise as intimidate is to what?
• What office was created by Act No. 3995?
• At what point must the barangay Disbursement Voucher be submitted?
• What is the primary purpose of declaring new real property?
• What does Local Treasury Operation Form 93 represent?
• When must the Local Treasurer submit a certified statement covering income and expenditures to the LCE?
• Which document is invalidated if the owner of the delinquent property pays the required delinquent tax?
• Unless revoked sooner, how long is the designation period for the OIC/ICO of Local Treasury Offices?
• Which item must be included in the plantilla related to a Local Treasurer?
• Which of the following is not a major phase of Sanggunian Kabataan budgeting?
• What is the role of actual use of the property in assessment?
• What happens if the local government exceeds the prescribed assessment rate?
• What is the range of the fine for public officers committing frauds against the public treasury?
• Within what period must a sworn statement of true property value be submitted after acquisition or improvement?
• What document is issued to every person or corporation upon payment of the community tax?
• What code established the basis for Real Property Tax Administration System in the Philippines in 1974?
• Which fund is NOT monitored by the Barangay Kagawad who is the Chairman of the Committee on Appropriation?
• Etymology is to word as lineage is to what?
• During which regime was there no system of real property taxation as applied today in the Philippines?
• What documents are required for liquidation of cash advances for Petty Operating Expenses?
• Which of the following describes a financial intermediary?
• Which Republic Act institutes a comprehensive agrarian reform program for social justice and industrialization?
• Which committee is NOT one that the Local Treasurer is a member of?
• Invention is to piracy as writing is to what?
• Dismal is to gloomy as enthusiastic is to what?
• Which condition necessitates declaring newly acquired real property?
• What percentage of proceeds from the sale or redemption of property accrue to the barangay where the property is located?
• What is synonymous with the term 'amusement'?
• What does the term 'verbal impact' refer to?
• What action should you take if someone has been wrongfully terminated?
• If you dislike someone in another department, what is the best approach?
• If your boss makes a bad decision, what is the recommended course of action?
• In relation to delinquent taxes, what does a Notice of Levy signify?
• What document must be submitted to the owner before an examination occurs?
• Why is maintaining eye contact with audiences considered important?
• What interest rate is applied to the payment of delinquent tax within one year from the date of sale?
• Why is it advisable to enlist demonstrators for your lessons?
• What is the maximum time frame for the Regional Office to process designations and extensions?
• What is the maximum annual tax that can be levied on peddlers?
• When designing plans, what is the first step to take?
• With which type of audience might you maintain less eye contact?
• Transient visitors are exempt from the community tax provided their stay in the Philippines does not exceed how many months?
• What happens after the expiration of a 90-day suspension for a Treasurer?
• Why is the Schedule of Fair Market Values important for real property appraisals?
• How soon must tax collections be published by local governments?
• What is required along with the Treasurer's consent for certain administrative actions?
• Within how many days must submissions for designations and extensions be confirmed by the Regional Office?
• Which of the following is classified as a Personal Service?
• Which process must assessors carry out for all taxable real properties?
• What is the fine for failing to post itemized monthly collections and disbursements of the LGU within the prescribed period?
• By what means did the Philippine Commission modify realty taxation in the early 1900s?
• Frown is to smile as continue is to what?
• Who falls under the category of 'persons' in legal terms?
• What date is the deadline for the City or Municipal Treasurer to issue a certified statement covering actual income?
• While being creative in lesson planning, what should always be a focus?
• Which local government unit is NOT allowed to levy an amusement tax?
• What is a practical way to teach leadership skills to girls?
• What should you provide to support girl leadership in planning activities?
• What frequency does the Barangay Treasurer record all checks issued?
• What formula represents the relationship between value, tax rate, and tax due from real property?
• Real property must be appraised based on what value?
• Which reforms on real property taxation were introduced during Martial Law?
• Which form is referred to as Local Treasury Operation Form 96?
• What is the definition of Ad Valorem Tax?
• What should you do if you discover illegal activity in your operation?
• What is the percentage from the General Fund of the barangay designated for the Sangguniang Kabataan?
• What is referred to as capital investment?
• Fare is to ability as eminence is to what?
• What is one of the main sources of raising public funds for the government?
• Which individuals are exempt from the community tax?
• What should be done to real property records after a change in ownership?
• Who may the Secretary of Finance delegate the appointment authority for Provincial, City and Municipal Treasurers to?
• What does the general revision of property assessments need to coincide with?
• Which legislative act in the 1939 aimed to streamline tax regulations and practices?
• What is the punishment for a Local Treasurer who fails to execute the warrant of distrait or levy after the prescribed time?
• What is a primary obligation of a Local Treasurer upon delinquency of taxes?
• What provides the foundation of equity and uniformity in realty classification?
• What is the maximum percentage that annual appropriations for discretionary purposes of the local chief executive can exceed based on actual receipts from basic real property tax?
• What Republic Act is associated with the Local Government Code of 1991?
• Flowing is to aeration as harrowing is to what?
• What would be the franchise tax for a newly started business with a capital investment of P3,500,000.00?
• How is leadership best defined?
• Which of the following statements is true regarding the income statement submission deadlines?
• Unity is to division as agreement is to what?
• Why is it important for a leader to know how to lead?
• Which privilege did tenant farmers pay through taxes in the Spanish "encomienda" system?
• What document is issued by the Local Treasurer to the purchaser containing details about the sold property?
• What must be shown in the plantilla of personnel related to the position of Local Treasurer?
• When can the local government/sanggunian increase or decrease assessment levels?
• What is a primary function of the Local Finance Committee?
• What is the name of the traditional assessment document maintained by assessors showing property values?
• What is the basic real property tax for a private school with an assessed value of P3,500,000.00 located in the province?
• Atlas is to Mars as anthology is to what?
• What government code governs the taxation on ownership of real property by a person?
• What should be included in the reports for cash advances liquidation?
• What is the primary goal of effective upfront speaking?
• What change must be reported if there is a demolition of a building?
• Which type of tax was levied on male tenant farmers of military age under the Spanish "encomienda" system?
• Backward is to forward as ancestry is to what?
• Harmony is to discord as friendship is to what?
• What term is used for locations such as theaters and concert halls where one seeks admission for entertainment?
• Vigor is to health as tranquility is to what?
• Fortitude is to bravery as cowardice is to what?
• The American government in the Philippines allowed what percentage rate for municipal property taxes?
• What should a leader avoid doing during presentations?
• What is the purpose of the sworn declaration of true value of property?
• Which of the following is NOT a reason for a Treasurer's relief or transfer?
• In leadership development, how important is planning team meetings?
• How is the term 'residents' defined in a local context?
• Jealousy is to suspicion as trust is to what?
• What must assessors ensure about the assessment of real property in the Philippines?
• What influences the assessment levels for real properties?
• Which of the following can be considered examples of intelligence and/or confidential expenses?
• How many local boards and committees should the Local Treasurer typically be a member of?
• A sale where the buyer purchases goods for their own consumption is known as what?
• What document is needed to support disbursements related to emergency purchases?
• What is the inherent power of the State to impose and collect taxes for public expenses called?
• What type of data should a separate roll be prepared for?
• What does the term "business" refer to in the context of trade activities?
• Which operation form helps in tracking all real property tax delinquencies?
• When is the Check Disbursement Register submitted to the City/Municipal Accountant for recording?
• Under the local government code, what can the local government/sanggunian set through ordinance?
• Frown is to smile as strength is to what?
• Ability is to power as eminence is to what?
• When should the Check Disbursement Register be totaled, balanced, ruled, recapitulated, and certified?
• What constitutes a Warrant of Levy?
• Synonym is to meaning as homonym is to what?
• What must examiners accept from the business establishment for verification?
• Which of the following is NOT a requirement for the appointment of a Local Treasurer?
• Which of the following is included in the definition of banks and other financial institutions?
• How many days must the cash advance for payroll charged against Barangay Funds be liquidated within?
• Which of the following is NOT a tax that a province may impose?
• Which is NOT a requirement for a local treasurer's appointment?
• Which Local Government Code was amended under PD 464?
• How many times can a designation be extended based on satisfactory performance and absence of negative reports?
• What is Local Treasury Operation Form 90 used for?
• What percentage of the proceeds from the basic real property tax must be distributed among the component barangays of the cities?
• Which of the following is NOT a responsibility of the Local Treasurer?
• What discount may be given for prompt payments of Real Property tax?
• What does the term 'amusement' refer to in a general context?
• Which fund requires monitoring in addition to the 20% Development Fund?
• Who originally employed the earliest forms of property taxation?
• Real property shall be assessed based on what type of classification?
• Jovial is to ehillow as alliance is to what?
• How does failure to comply with a tax ordinance affect local officials?
• Which of the following is required for a Certificate of Redemption to become valid?
• What determines a tax sale?
• Which group is credited with laying the groundwork for real property taxation in the Philippines in 1901?
• The Administrative Code of 1916 incorporated which two key components?
• How are taxes imposed on real properties within local government jurisdictions?
• Under what condition must the assessment roll be transmitted to local treasurers?
• What was a key element of the reforms on real property taxation during Martial Law?
• In what year was the Office of the Municipal Assessor created?
• What is the business tax for a printing and publication firm in the city with annual gross receipts of P1,600,000.00?
• What constitution did the short-lived "1st Philippine Republic of 1898 operate under?
• What is a fundamental requirement in taxation related to the classification of real property?
• What are the two classifications of cash advances granted to officers and employees?
• How often is the sworn declaration of the true value of property required to be filed?
• Which aspect was not aimed at by the Land Administration and Management Program, Phase I (LAMP 1)?
• What is required for the relief, transfer, or detail of Treasurers and Assistant Treasurers?
• What type of support is essential for new leaders taking on programs?
• Which census is recognized as an early form of tax rolls in the Philippines?
• Which local government unit (LGU) is allowed to levy an amusement tax?