
New Midterm Exam _ BSA 2G-BSA2H
Quiz by Shirley C. Chuaco
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58 questions
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- Q1It refers to any name, other than your true name, that you use in connection with your business.Maiden nameBusiness nameShop nameTrade name30s
- Q2Which agricultural commodity is the most widely consumed staple food in the world?cornbarleyriceoats30s
- Q3Which agricultural commodity is a key ingredient in the production of chocolate?grainscacao beanscinnamontea30s
- Q4Which of the following is considered an agricultural commodity?plasticaluminumsteelcorn30s
- Q5Corporations that aim to do business in the Philippines have a legal obligation to register with ________ to obtain their certificate and participate in tax compliance.Mayor's permitSecurities and Exchange CommissionBureau of Internal RevenueDepartment of Trade and IndustryBarangay Business permit clearance30s
- Q6This signifies that the business owner has obtained the necessary approval from their local community and has complied with all the barangay's rules and regulations.Bureau of Internal RevenueMayor's permitSecurities and Exchange CommissionDepartment of Trade and IndustryBarangay Business permit clearance30s
- Q7This ensures that your business complies with all the ordinances of the particular city or municipality you operate in and act as proof that your business follows certain laws and ordinances.Department of Trade and IndustrySecurities and Exchange CommissionBarangay Business permit clearanceBureau of Internal RevenueMayor's permit30s
- Q8To have this processed, you will be asked for a few documents such as Building plans, Building permits, Barangay Business Clearance, Fire insurance coverage, and recommendations from fire safety inspectors.Sanitary permitBuilding Permit and Electrical Inspection Certificate.Business permitFire Safety Inspection Certificate30s
- Q9Which agricultural commodity is commonly used to make bread?coppergoldrubberwheat30s
- Q10It is the government's national health insurance program that is mandated to provide its eligible members with benefits, such as coverage for hospitalization and other medical expenses.Social Security SystemPhilippine Health Insurance CorporationBuilding Permit and Electrical Inspection Certificate.Home Development Mutual Fund30s
- Q11The DTI registration provides legal identity to a business and can also be use as a license or permit to run a business.FalseTrue30s
- Q12Food and Non-food business companies are not required to secure a sanitary permit to make sure they follow the standards of the Sanitary Code of the Philippines.TrueFalse30s
- Q13All government and private sector employers are required to register with SSS to enable them to provide social health insurance coverage to their employees.TrueFalse30s
- Q14The Pag-IBIG Fund is created to address two of the country's basic needs: generation of savings and provision of shelter for the Filipino workers.TrueFalse30s
- Q15Which agricultural commodity is a major source of sugar?plastictextilelumbersugarcane30s