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Questions and Answers
True or false: Disposal is the initial stage of a government property's life cycle.
True or false: Disposal is the initial stage of a government property's life cycle.
False (B)
True or false: The heads of the departments, bureaus, and offices have full and sole authority and responsibility for the divestment or disposal of properties and other assets owned by national, corporate, and local government units.
True or false: The heads of the departments, bureaus, and offices have full and sole authority and responsibility for the divestment or disposal of properties and other assets owned by national, corporate, and local government units.
True (A)
True or false: Property that has become obsolete or archaic due to technological advancements is a factor to consider when disposing of unserviceable property.
True or false: Property that has become obsolete or archaic due to technological advancements is a factor to consider when disposing of unserviceable property.
True (A)
True or false: The accountable officials in possession of unserviceable property must not submit any completed documents to the Disposal Committee through their respective heads of office.
True or false: The accountable officials in possession of unserviceable property must not submit any completed documents to the Disposal Committee through their respective heads of office.
True or false: The COA Auditor shall inspect the items and determine whether they are valuable or not, and shall make a recommendation to the Head of Agency.
True or false: The COA Auditor shall inspect the items and determine whether they are valuable or not, and shall make a recommendation to the Head of Agency.
True or false: If the unserviceable property is deemed to be valuable, it may be sold at public auction to the lowest bidder under the supervision of the appropriate Committee on Award or similar authority.
True or false: If the unserviceable property is deemed to be valuable, it may be sold at public auction to the lowest bidder under the supervision of the appropriate Committee on Award or similar authority.
True or false: When property is disposed of, the relevant elements of the Inventory and Inspection Report or Report of Waste Materials must be completed.
True or false: When property is disposed of, the relevant elements of the Inventory and Inspection Report or Report of Waste Materials must be completed.
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