QUESTIONING TOOL

Satisfactory
Questions to probe the candidate’s underpinning knowledge
response
Extension/Reflection Questions Yes No

1. How much did you know about the training before we

started? ❑ ❑

2. What process did you go through to produce this trial

balance? ❑ ❑

3. What problems did you encounter while you were working on

this trial balance? How did you solve them? ❑ ❑

4. How can you use the knowledge you have gained from this
training in the future? ❑ ❑

Safety Questions

5. How will you your accounting transactions secure? ❑ ❑

6. What are the common hazards you can experience in ❑ ❑
bookkeeping?
7. What are the critical steps in your job? ❑ ❑
8. How can you make your workplace safe? ❑ ❑
Contingency Questions

9. What will you do if the accounting transactions given are ❑ ❑

lack of details? for example date of transaction
10. What will you do if you need to prepare the post adjusted ❑ ❑
trial balance however there are no adjusting entries given?
11. How will you do to prepare trial balance if your prepared ❑ ❑
accounting ledgers are not saved?
12. What will you do if there are accounting transactions that ❑ ❑
you were not familiar of?
Job Role/Environment Questions ❑ ❑
13. What is expected to a bookkeeper? ❑ ❑
14. How will you explain your post trial balance to a top-level ❑ ❑
manager with no background in bookkeeping?
15. What are the best quality/skills does a bookkeeper must ❑ ❑
possess?
16. Why are accounting standards useful? ❑ ❑
Rules and Regulations ❑ ❑
17. What is Revenue Regulations No. V-1 The bookkeeping ❑ ❑
regulations (As Amended)?
18. What does the republic act 9298 means? ❑ ❑
19. Why does Accounting Standards Council (ASC) established? ❑ ❑
20. What competencies you must have the get the National ❑ ❑
Certificate III in Bookkeeping?

The candidate’s underpinning ❑ Satisfactory ❑ Not

knowledge was: Satisfactory
 MODEL ANSWER

1. Definition of bookkeeping, what does a bookkeeper do, importance of

bookkeeping.
2. Learned the process of journalizing and posting accounting transactions.
3. Trial balance errors. To solve them, you must check if your trial balance has the
following errors: Entries made twice, entries not made at all, entries to the
wrong account, reversed entries, transposed numbers, and unbalance entries.
4. Can used to look for a job ex. company’s bookkeeper or can monitor accounting
transactions if will have own business.
5. Store paper records safely (Protect paper documents with a clean, sturdy filing
container that locks), Make a copy (Copies serve as a backup in case your
original records are lost or destroyed), and Protect desktop records (you need
to set up security programs on the device. Install antivirus software on your
computer to protect your desktop records from malicious software)
6. Eye strain, Ergonomic injuries, and Slips, trips, and falls
7. Safe keeping of reports and documentation of accounting transactions
8. Using 5S (Sort, Set in Order, Shine, Standardize, and Sustain)
9. Reconciliation and provide proof for documentation and processing.
10. No adjusting entries will do. The pre-trial balance will be your post adjusted trial
balance.
11. You can rely in accounting journals as journals are derived from ledgers
however, you still need to provide the ledgers because they provide an accurate
records of all financial transactions
12. Review the supporting documents of those transactions.
13. Bookkeepers oversee a company's financial data and compliance by
maintaining accurate books on accounts payable and receivable, payroll, and
daily financial entries and reconciliations. They perform daily accounting tasks
such as monthly financial reporting, general ledger entries, and record
payments and adjustments.
14. Use a clearly labeled journal entry with supporting documentation.
15. Being organized, possessing good communication skills, having an enquiring
mind, being happy working with computers and the Internet, maintaining a
sound knowledge of a well-known accounting software package as well as can
do manual. Possessing honesty and trustworthiness
16. Accounting standards improve the transparency of financial reporting in all
countries. They specify when and how economic events are to be recognized,
measured, and displayed. External entities, such as banks, investors, and
regulatory agencies, rely on accounting standards to ensure relevant and
accurate information is provided about the entity. These technical
pronouncements have ensured transparency in reporting and set the
boundaries for financial reporting measures.
17. They govern the keeping of books of account, records, registers, as well as
issuance of invoices, receipts, tickets and other supporting papers and
documents by persons subject to internal revenue taxes.
18. Republic Act No. 9298 Summary An act regulating the practice of accountancy
in the Philippines, repealing for the purpose Presidential Decree No. 692,
otherwise known as the Revised Accountancy Law, appropriating funds
therefore and for other purposes.
19. The creation of the ASC is a positive step towards ensuring consistency in
accounting standards, facilitating comparison of financial statements between
different entities, and enhancing the credibility and transparency of financial
reporting.
20. Basic, common and core competencies (Journalize transactions, post
transactions, prepare trial balance, prepare financial reports, and review
internal control system.)