Republic of the Philippines

COTABATO FOUNDATION COLLEGEOF SCIENCE AND TECHNOLOGY

www.cfcst.edu.ph{cfcst@gmail.com}TeleFax No.(064) 2881343
Doroloman, Arakan, Cotabato

MASTER ARTS IN EDUCATION

Quiz # 01 @ 02 October 3, 2020

EdAd 504 – Fiscal Management

Facilitator: RUBEN S. MAMBURAO, JR, MPA

General Instruction: Please answer the guide questions below. Cheating or copying from your classmates’ answers will be
subject to stiff sanctions, including the possibility of getting a failing grade in this class. Answer each question appropriately. Be
brief but concise in your answers. Please refer to the following rubric to benchmark on how your essays will be rated. (50,100
points)

GRADING RUBRIC for EXAM ESSAYS

A “1.0” essay: 10/10; 20/20

 Answers the specific central question that was asked

 Incorporates pertinent and detailed information from both class discussion and assigned readings (whenever
applicable), providing needed evidence.
 Presents all information clearly and concisely and in an organized manner
 Does much more than merely restate the question and offer a brief response
 Avoids distracting grammar/spelling/etc. problems

A “1.25” essay: 8/10; 16/20

 Answers the specific central question asked, but not as well as a “1.0” essay
 Incorporates some information from class discussion and assigned readings, providing some necessary evidence, but
less thoroughly and/or relevantly than an “1.0” essay
 Usually maintains focus, but may occasionally digress from the specific topic
 Presents information fairly clearly and concisely, and may have minor organization problems
 Does more than merely restate the question and offer a brief response
 May contain a few distracting grammar/spelling/etc. problems

A “1.50” essay: 6/10; 12/20

 Addresses the specific central question asked in part, but does not relate directly to the question or does not address all
required elements
 Does not adequately incorporate information from class discussion and assigned readings, and may rely on unsupported
statements or generalities
 Sometimes strays from the specific topic (more often than an “1.25” essay)
 Presents information in a manner that is sometimes unclear, and/or has significant organization problems
 May merely restate the question and offer a brief, undeveloped response
 May contain a few or a significant number of distracting grammar/spelling/etc. problems

A “1.75” essay: 4/10; 8/20

 Does not directly answer the specific central question asked

 Does not incorporate information from class discussion and assigned readings, or does so minimally and/or
irrelevantly 
 Substantially digresses from the specific topic
 Has significant problems with clarity, concision, and organization, making the information presented difficult for the
reader to understand
 May merely restate the question and offer an irrelevant or undeveloped response
 May contain substantial distracting grammar/spelling/etc. problems that muddle the information presented

A “2.0” essay: 2/10; 4/20

 Does not answer the specific central question in any way

 Does not incorporate information from pertinent class discussion and/or assigned readings
 Provides no information that can be understood or related to the specific topic
 May lack any recognizable organization
 May contain enough distracting grammar/spelling/etc. problems to make it substantially incomprehensible

Quiz 1
Question # Questions Weight
(in points)
1 What is Fiscal Management? Enumerate and explain Financial Management Functions. 10
2 Discuss the hierarchy of fiscal management organization. 10
 3 Explain the value of studying fiscal management. Identify the contributions of the following to the 10
field of fiscal management:
 Congress
 Department of Finance
 Department of Budget and Management
 Commission on Audit
 Office of the President
 Bureau of Internal Revenue

4 Enumerate and explain the four justifications for expenditure control through the budget. 10
5 Briefly describe the fiscal administration budgetary processes. 10

Total 50
Quiz 2
Question # Questions Weight
(in points)
1 Describe the DepEd general fiscal environment. 25

What are the major forces that affect the DepEd fiscal management? Describe each factor.

2 Why Fiscal policy is important? 15

3 Summarize issues on borrowing and debt management. Relate your answer in personal 20
experience.
4 Distinguish between Public Finance Theories and Fiscal Policies. 20

If the economy is in an inflationary period, what action would Fiscal Policy most likely take?
a) Decrease taxes
b) Decrease the discount rate
c) Increase taxes
d) Increase spending
Defend your answer.

5 If a nation currently has a budget deficit, their income is not covering the cost of running their 20
country. If this budget is not revised, what could be a possible result of this situation?
a) A budget surplus
b) A balanced budget
c) A mounting debt
d) Discretionary fiscal policy
Elaborate your answer?

Total 100

Date submission of Quiz 1 and 2 on October 11, 2020. Through my email

Ruben S. Mamburao, Jr MPA

Disbursing Officer
Finance Section CFCST
Visiting lecturer: CFCST Graduate School
rubenjrmamburao328@gmail.com