Name (Optional): ___________________

Please spare a few minutes of your valuable time to answer this

questionnaire. Honest answers to these questions will be very
much appreciated. Put a check mark (✔) on the space provided for
each item which corresponds to your answer. Thank you!
Part 1: School Profile
1. Type of School
1 Sectarian Commented [RC1]: Yung mga red colored text, yon yung mga
5 Non-sectarian scores.
6 yan in total kasi 6 pa lang yung nagbabalik.

2. Number of enrolees
1 Below 300
0 300 – 599
0 600 – 899
0 900 – 1199
5 1200 & above

3. Courses offered by the school (Check all that applies)

4 Bachelor of Elementary Education
5 Bachelor of Secondary Education
1 BS in Civil Engineering
0 BS in Mechanical Engineering
0 BS in Chemical Engineering
1 BS in Electrical Engineering
4 BS in Business Administration
4 BS in Accountancy
1 BA in Communication
5 BS in Information Technology
4 BS in Nursing
2 BS in Medical Technology
2 BS in Criminology
2 BS in Social Work
6 BS in Hotel and Restaurant Management (Tourism)
___ Others (pls. specify) _______________

4. Course that has the most number of enrolees Commented [RC2]: Dapat 6 lang din ito in total pero may mga
1 Bachelor of Elementary Education ibang school na hindi lang isa yung nilagyan.

1 Bachelor of Secondary Education

0 BS in Civil Engineering
0 BS in Mechanical Engineering
0 BS in Chemical Engineering
0 BS in Electrical Engineering
1 BS in Business Administration
1 BS in Accountancy
0 BA in Communication
1 BS in Information Technology
 1 BS in Nursing
1 BS in Medical Technology
1 BS in Criminology
0 BS in Social Work
2 BS in Hotel and Restaurant Management (Tourism)
___ Others (pls. specify) _______________

5. Years of existence
0 1 year to 10 years
1 11 years to 20 years
1 21 years to 30 years
0 31 years to 40 years
1 41 years to 50 years
3 50 years & up

6. Method use in estimating doubtful accounts

3 Aging method
3 Percentage of Accounts Receivables
0 Percentage of Sales

7. Treatment of bad debts expense Commented [RC3]: Dapat 6 in total. Yung ABE hindi naglagay.
4 Allowance method
1 Direct write-off method

Part II. How may the financial risk management practices be

described in terms of:

Direction: Check the number that describes the practices of

Financial Risk Management in your school.

Rate Verbal Interpretation

4 - Absolutely Practiced
3 - Moderately Practiced
2 - Slightly Practiced
1 - Not at all

2.1 Written Agreement in Extending Credit 4 3 2 1

In extending credit, the school:
1. Accepts written agreement/
promissory note in extending credit
2. Requires the students to submit
written agreement/ promissory note
with the parent’s signature before
extending credit.
3. Requires the students to submit
written agreement/ promissory note
 even without the parent’s signature
before extending credit
4. Allows all the students a chance to
use written agreements/ promissory
notes instead of payment.
5. Allows the student to use written
agreements/ promissory notes only
once in every semester

2.2 Increase Diligence in pursuing collection of

balances
2.2.1 Modes of Payment 4 3 2 1
In modes of payment, the school accepts:
1. Cash
2. Check
3. Credit Card
4. Debit Card
5. ePayment
2.2.2 Ways of Improving Collection of 4 3 2 1
payment
In order to improve the collections, the
school:
1. Provides discounts
2. Requires down payment
3. Allows students to pay on instalment
4. Has agreement with bank to accept
payment for them
5. Accepts checks as payment
6. Provides grace period for students
to pay

2.3 Sanction for Non-Payment 4 3 2 1

In case of non-payment, the school
provides sanctions such as:
1. Penalties
2. No permit, no exam
3. Holding the grades of students (i.e.
transcript of records, Diploma,
etc., especially the graduating
students)
4. Interest
5. Loss of access to library borrowing
and other services
6. Loss of privilege to access
student’s information system
7. Inability to graduate
2.4 Documenting Procedures for Accounts Receivable
Recognition
2.4.1 Recording Accounts Receivable 4 3 2 1
In recording accounts receivable, the
school:
1. Requires the name of the student
2. Requires the student’s ID Number
3. Provides the invoice number
4. Provides the date of invoice
5. Provides the invoice due date
2.4.2 Past Due Accounts 4 3 2 1
1. The school treats accounts which
are still unpaid on the due date and
should be given another 90 days as
past due.
2. The school issues a minimum of two
reminder notices between 30 and 90
days after the bill become past due.
3. The school requests immediate
payment of the outstanding balance and
notify the student of additional
actions which may be taken if the debt
is not paid.
4. When the existence of the student
is nowhere to be found, the school
makes additional efforts, e.g.,
contact number.
5. After the given period of 90 days
if still unpaid, the school considers
this as delinquent and subjects to an
intensive collection of efforts.
2.4.3 Uncollected Accounts Receivable 4 3 2 1
The school considers the accounts
receivable uncollected when:
1. The account of the student is 90
days or more past due
2. The past-due notices was already
sent to the student

3. The amount unpaid is at least

P2,000
4. The school forced to exert
intensive effort to collect the unpaid
amount
5. The student’s presence and location
is nowhere to be found
2.5 Write-off Procedures 4 3 2 1
The school considers writing off of an
account when:
1) Neither the student nor the
student’s residence can be located
2) The student or his family become
insolvent
3) The debt is disputed and the school
has insufficient documentation to
pursue collection efforts.
4) The student has died and there is no
guarantor or successor
5) The amount is insufficient to
justify additional collection
efforts
6) The student’s debt remains unpaid
for the whole semester.