
2024 ASPBI and SICT Recap
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Professional Development
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Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
What should be reported as total employment for industries engaged in manpower services?
Back
All workers, including subcontracted personnel
2.
FLASHCARD QUESTION
Front
According to the consistency checks, which of the following must be true for establishments engaged in electricity distribution? Purchased power should always be greater than electricity sales, Transmission and distribution costs must always be higher than electricity sales, Electricity sales should be greater than purchased power, Transmission costs should be reported as revenue
Back
Electricity sales should be greater than purchased power
3.
FLASHCARD QUESTION
Front
What is the trade margin ratio formula used in the ASPBI?
Back
[(Sales of goods / Cost of goods) - 1] × 100
4.
FLASHCARD QUESTION
Front
In the ASPBI, which condition requires an establishment to have direct materials used greater than zero? Options: Engaged in real estate sales, Operating in the publishing industry, Engaged in restaurant and mobile food services, Providing legal consultancy services
Back
Engaged in restaurant and mobile food services
5.
FLASHCARD QUESTION
Front
What must be true if an establishment reports total book value of tangible fixed assets greater than zero?
Back
Depreciation must be greater than zero
6.
FLASHCARD QUESTION
Front
Which factor is used to classify establishments under the Philippine Standard Industrial Classification (PSIC)? Options: Number of employees, Type of business activity generating the most income, Geographic location, Legal organization type
Back
Type of business activity generating the most income
7.
FLASHCARD QUESTION
Front
In the Monitoring and Tracking System (MTS), what happens if an establishment's questionnaire is transferred/moved out to a known address in another province?
Back
The receiving Provincial Statistical Office (PSO) must complete all needed information and confirm acceptance
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