QUESTIONNAIRE CHECKLIST

LEVEL OF CONSCIOUSNESS IN THE BOOKKEEPING PROCESS OF

MICRO BUSINESS OWNERS/MANAGERS

Dear Respondents:
We, the students of Bachelor of Science in Business Administration
major in Financial Management, are currently conducting on a financial
research entitled LEVEL OF CONSCIOUSNESS IN THE
BOOKKEEPING PROCESS OF MICRO BUSINESS
OWNERS/MANAGERS.

In this regard, we are asking for your full support and cooperation to
provide the necessary data by honesty filling up the attached
questionnaires based on what you had experienced in the said
business. Rest assured that any information you supply would be kept
confidential.
Thank you very much for your favorable response.

PART I. Profile of the Respondents

Direction: Please answer the following items as required by putting a

check mark () or providing the needed on the space provided.

PERSONAL PROFILE:

A. Age:
[ ] 21 - 30 [ ] 41 - 50
[ ] 31 - 40 [ ] 51 and above

B. Gender:
[ ] Male
[ ] Female

C. Civil Status:
[ ] Single [ ] Widow/Widower
[ ] Married [ ] Separated/Annulled
 D. Number of Years in the Business:
[ ] Less than a year - 5 [ ] 6 - 10
[ ] 11 - 15 [ ] 16 - 20
[ ] 21 and above

E. Highest Educational Attainment:

[ ] Elementary Graduate [ ] High School Graduate

[ ] College Graduate [ ] TESDA Graduate

[ ] College Undergraduate
[ ] Others (please specify): _______________

BUSINESS PROFILE:

A. Nature of Business:
[ ] Merchandising [ ] Services
[ ] Retail (shops) [ ] Others (please specify):
_______________

B. Days of Operation:
[ ] 5 days [ ] 6 days [ ] 7 days

C. Number of Operating Hours:

[ ] 6 hours [ ] 8 hours [ ] 10 hours

D. Ownership of the business establishment:

[ ] Rented/Leased
[ ] Personally Owned
[ ] Others (please specify): _______________

E. Number of Employees:
[ ] 1-3 [ ] 4-6 [ ] 7-9

F. Amount of Asset in the Business (in Pesos):

[ ] 1-100000 [ ] 100001-1000000
[ ] 1000001 - Less than 3 million

G. The Person In-charge of Bookkeeping:

[ ] Owners/Managers
[ ] Employed Bookkeeper/Accountant
[ ] Consultant (Third Parties)
[ ] None
[ ]Others (please specify): _____________________
Part II. Level of Consciousness in Bookkeeping Process of Micro
BusinessesOwners/Managers.

Direction: Please rate the level of Consciousness in Bookkeeping

Process of the Micro Business Owners/Managers by putting check mark
() on the appropriate box using the scale below.

Point Rate Descriptive Equivalent

5 Highly Conscious
4 Conscious
3 Moderately Conscious
2 Fairly Conscious
1 Not Conscious

A. PREPARING OF SOURCE DOCUMENTS 5 4 3 2 1

1. Issuing of official receipts to customers
2. Getting a Purchase Invoice from Suppliers
3. Signing Promissory payable notes when
borrowing money
4. Having time cards when preparing payroll
checks
5. Having payment confirmation document as
proof of payment
B. SORTING OF BUSINESS RELATED
TRANSACTIONS
1. Separating cash purchases from credit
purchases
2. Separating cash sales from credit sales
3. Separating income from expense
4. Separating operating expenses from
administrative expenses
5. Separating collections from receivables
C. MAKING ENTRY OF TRANSACTIONS
INTO JOURNALS AND POSTING IT TO
THE LEDGER
1. Having appropriate references to source
documents
2. Entering transaction data correctly
3. Entering transaction data in a timely manner
4. Using only the official or established chart of
account
 5. Knowing which accounts will be debited or
credited
D. PERFORMING END-OF-PERIOD
PROCEDURES AND COMPILING THE
ADJUSTED TRIAL BALANCE
1. Reviewing the balances of each ledger
account for accuracy
2. Verifying that the unadjusted balance is
accurate
3. Making adjustments to any errors in an
adjustment sheet
4. Making sure the debits and credits match
5. Comparing the ledger account balances
against the created adjusted trial balance
E. CLOSING THE BOOKS
1. Clearing out revenue and expenses account
2. Transferring the net income or loss to the
owners equity
3. Making corresponding closing entries in a
general ledger
4. Making financial statements (Balance Sheet,
Income Statement, etc.)
5. Making a post-closing trial balance for the
new period

PART III. BOOKS OF ACCOUNTS KEPT BY MICRO BUSINESSES

Direction: Please put a check mark () in the space provided if the

kind of books of accounts is being kept.

[ ] Cash Book [ ] Expense Book

[ ] Purchases Book [ ] Payroll Records
[ ] Sales Book [ ] Complete
[ ] None
[ ] Others (please specify): _______________

PART IV. Micro business owners/managers recommendations to

improve their consciousness in the bookkeeping process

Direction: Please put a check mark () in the space provided if the

recommendation written below is the best way to improve their
consciousness in the bookkeeping process.
[ ] Training in Bookkeeping
[ ] Hiring a professional bookkeeper
[ ]Bookkeeping training organized by the Government or
Universities
[ ] Others (please specify): _______________