0001287695-11-000257.txt : 20110527 0001287695-11-000257.hdr.sgml : 20110527 20110527171502 ACCESSION NUMBER: 0001287695-11-000257 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110527 DATE AS OF CHANGE: 20110527 EFFECTIVENESS DATE: 20110527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BBIF TREASURY FUND CENTRAL INDEX KEY: 0001186237 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-21199 FILM NUMBER: 11879062 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: WCMA TREASURY FUND DATE OF NAME CHANGE: 20080904 FORMER COMPANY: FORMER CONFORMED NAME: WCMA TREASURY FUND DATE OF NAME CHANGE: 20020905 0001186237 S000002957 BBIF TREASURY FUND C000008090 Class 1 C000008091 Class 2 C000008092 Class 3 C000008093 Class 4 NSAR-B 1 answer.fil PAGE 1 000 B000000 03/31/2011 000 C000000 1186237 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 BBIF TREASURY FUND 001 B000000 811-21199 001 C000000 8002217210 002 A000000 100 BELLEVUE PARKWAY 002 B000000 WILMINGTON 002 C000000 DE 002 D010000 19809 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 010 A000001 BLACKROCK ADVISORS, LLC 010 B000001 801-47710 010 C010001 WILMINGTON 010 C020001 DE 010 C030001 19809 011 A000001 BLACKROCK INVESTMENTS, LLC 011 B000001 8-48436 011 C010001 NEW YORK 011 C020001 NY 011 C030001 10022 012 A000001 FINANCIAL DATA SERVICES, INC. 012 B000001 84-01339 012 C010001 JACKSONVILLE 012 C020001 FL 012 C030001 32246 013 A000001 DELOITTE & TOUCHE LLP 013 B010001 PRINCETON 013 B020001 NJ 013 B030001 08540 PAGE 2 014 A000001 BLACKROCK CAPITAL MARKETS, LLC 014 B000001 8-67827 014 A000002 BLACKROCK EXECUTION SERVICES 014 B000002 8-48719 014 A000003 BLACKROCK FUND DISTRIBUTION COMPANY 014 B000003 8-67795 014 A000004 BLACKROCK INVESTMENTS, LLC 014 B000004 8-48436 014 A000005 HARRIS WILLIAMS LLC 014 B000005 8-53380 014 A000006 PNC CAPITAL MARKETS, INC. 014 B000006 8-32493 014 A000007 PNC INVESTMENTS LLC 014 B000007 8-66195 018 000000 Y 019 A000000 Y 019 B000000 294 019 C000000 BLKRKADVSR 020 C000001 0 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 0 022 A000001 BLACKROCK INVESTMENTS, LLC 022 B000001 13-3806694 022 C000001 8334481 022 D000001 8512912 022 C000002 0 022 D000002 0 022 C000003 0 022 D000003 0 022 C000004 0 022 D000004 0 022 C000005 0 022 D000005 0 022 C000006 0 022 D000006 0 022 C000007 0 022 D000007 0 022 C000008 0 022 D000008 0 022 C000009 0 022 D000009 0 022 C000010 0 022 D000010 0 PAGE 3 023 C000000 8334481 023 D000000 8512912 024 000000 N 026 A000000 N 026 B000000 N 026 C000000 N 026 D000000 N 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 028 A010000 655277 028 A020000 18 028 A030000 0 028 A040000 626439 028 B010000 603163 028 B020000 9 028 B030000 0 028 B040000 570184 028 C010000 1064107 028 C020000 20 028 C030000 0 028 C040000 1073138 028 D010000 755488 028 D020000 0 028 D030000 0 028 D040000 832122 028 E010000 543123 028 E020000 0 028 E030000 0 028 E040000 474774 028 F010000 767845 028 F020000 0 028 F030000 0 028 F040000 802164 028 G010000 4389003 028 G020000 47 028 G030000 0 028 G040000 4378821 028 H000000 0 029 000000 N 030 A000000 0 030 B000000 0.00 030 C000000 0.00 034 000000 N 035 000000 0 036 B000000 0 037 000000 N 038 000000 0 PAGE 4 039 000000 N 040 000000 Y 041 000000 Y 042 A000000 0 042 B000000 0 042 C000000 100 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 4435 044 000000 0 045 000000 N 048 000000 0.000 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 055 A000000 N 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 Y 060 B000000 Y 061 000000 0 062 A000000 N 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 PAGE 5 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 N 070 A020000 N 070 B010000 N 070 B020000 N 070 C010000 N 070 C020000 N 070 D010000 N 070 D020000 N 070 E010000 N 070 E020000 N 070 F010000 N 070 F020000 N 070 G010000 N 070 G020000 N 070 H010000 N 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 N 070 J020000 N 070 K010000 Y 070 K020000 Y 070 L010000 N 070 L020000 N 070 M010000 N 070 M020000 N 070 N010000 N 070 N020000 N 070 O010000 N 070 O020000 N 070 P010000 N 070 P020000 N 070 Q010000 N PAGE 6 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 0 071 B000000 0 071 C000000 0 071 D000000 0 072 A000000 12 072 B000000 0 072 C000000 0 072 D000000 0 072 E000000 650 072 F000000 0 072 G000000 2629 072 H000000 0 072 I000000 40 072 J000000 0 072 K000000 0 072 L000000 44 072 M000000 1 072 N000000 570 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 14 072 S000000 15 072 T000000 4435 072 U000000 0 072 V000000 0 072 W000000 17 072 X000000 7765 072 Y000000 7115 072 Z000000 0 072AA000000 69 072BB000000 0 072CC010000 0 072CC020000 0 072DD010000 0 072DD020000 0 072EE000000 79 073 A010000 0.0001 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 0 074 B000000 0 074 C000000 0 074 D000000 0 074 E000000 0 074 F000000 0 074 G000000 0 PAGE 7 074 H000000 0 074 I000000 1000420 074 J000000 0 074 K000000 16 074 L000000 310 074 M000000 29 074 N000000 1000775 074 O000000 0 074 P000000 0 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 332 074 S000000 0 074 T000000 1000443 074 U010000 140738 074 U020000 859677 074 V010000 0.00 074 V020000 0.00 074 W000000 1.0001 074 X000000 6079 074 Y000000 0 075 A000000 1051531 075 B000000 0 076 000000 0.00 077 A000000 Y 077 B000000 Y 080 A000000 FEDERAL INSURANCE COMPANY 080 B000000 NATIONAL UNION FIRE INS. CO. OF PITTBURGH,PA 080 C000000 41050 081 A000000 Y 081 B000000 95 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N SIGNATURE NEAL J. ANDREWS TITLE CFO EX-99.77B ACCT LTTR 2 wcmatrsy77b.htm Converted by FileMerlin

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Shareholders and Board of Trustees of

BBIF Treasury Fund:


In planning and performing our audit of the financial statements of BBIF Treasury Fund (formerly WCMA Treasury Fund) (the "Fund"), as of and for the year ended March 31, 2011, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.


The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a company's assets that could have a material effect on the financial statements.


Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.


A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.


Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of March 31, 2011.


This report is intended solely for the information and use of management and the Board of Trustees of BBIF Treasury Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.


Deloitte & Touche LLP


Princeton, New Jersey

May 26, 2011