Question

When a Disbursing Officer is relieved in the middle of the month, how many sets of financial returns will be submitted by the DISBO for that particular month?

a) One
b) Two
c) Three
d) None

Answer 1

Typically, two sets of financial returns might be expected when a Disbursing Officer is relieved in the middle of the month; one for the period they served and one for the remainder of the month by the successor.

Step-by-step explanation:

When a Disbursing Officer (DISBO) is relieved of their duties in the middle of a month, the number of financial returns that should be submitted for that month can depend on the policy of the specific financial office or institution. However, typically, two sets of financial returns will be expected. The first set of financial returns will be submitted by the outgoing Disbursing Officer, covering the period of time they were in charge. The second set of financial returns will be submitted by the incoming Disbursing Officer, covering the period of time from when they assumed the role until the end of the month. This ensures that the accounts are up to date and the handover is transparent.

Answer: Two